ACH Invoicing A-Z Training
Interactive Video
•
Business
•
Professional Development
•
Hard
Tayvon Carr
FREE Resource
Enhance your content in a minute
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the video tutorial?
How to manage credit card payments
How to set up a savings account
How to process commission payments from a client's account
How to apply for a personal loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What triggers the email notification mentioned in the video?
When a client updates their account information
When a client applies for a loan
When a personal loan account is funded
When a client makes a wire transfer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step after receiving the email notification about loan funding?
Call the client
Ask the client to send a wire transfer
Process the company's commission
Update the Miller note board
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should wire transfers not be used for commission payments?
They are not secure
They are faster than ACH
They are not taught in the tutorial and are complex
They are too expensive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the consequence of a client wiring out of their account within the first 90 days?
The account will be upgraded
The client will receive a warning
The account will be shut down
The client will be charged a fee
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of the payment processor used for ACH transactions?
Stripe
PayPal
NMI
Square
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What information is required from the client to process an ACH payment?
Account number and routing number
Home address
Credit card number
Social security number
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