Exercise #5: Correcting a financial transaction due to administrative errors

Duration: 4 minutes (1 question)

To complete this exercise, please refer to User Guide for RESP providers: Chapter 3, the Interface Transaction Standards (ITS), section 7.6 Record type 400 - Financial transaction and the CRA - Corrections for transaction errors under an RESP.

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After completing the exercise, click on “View results” to review feedback.

 Below are the reference links mentioned in the feedback:

• Interface Transaction Standards (ITS), section 7.6 Record type 400 - Financial transaction.
• User Guide for RESP providers: Chapter 3. The CESP system and Interface Transaction Standards, section 3.5.3.2. RT 400 transactions
• CRA - Corrections for transaction errors under an RESP