Next game #5

Next game #5

Professional Development

10 Qs

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Next game #5

Next game #5

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Hard

Created by

Julie Fonseca

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

These types of Business Entities (new customers to FirstBank) must have a full customer record AND a soft hit credit inquiry run at account opening

Signers on businesses never have full customer records obtained nor their credit run

Signers for Corporations

Single Member LLCs and Sole Proprietorships

only people on Non-profit accounts

2.

MULTIPLE CHOICE QUESTION

1 min • 7 pts

If a NEW CONSUMER customer to FirstBank has NO review indicators and no Low Opening Deposit indicator, and the New Account Rep has NO concerns, what should be put in the CREDIT/CHEX drop down tab in the New Account application to indicate that no CHEX Systems was run?

No Inquiry

You have to run CHEX Systems no matter what

what in the world does this question even mean?

I am going to run CHEX b/c it won't let me upload the customer until I do

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of number is REQUIRED for accounts that accept public funds

License Plate number

PDPA number

Inmate Number

there is no special number required

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

PDPA is an acronym for what?

Public Drunkeness Prevention Association

Pretty Darlings Piercing Association

Public Depost Protection Act

Public Demands Perfume Associaton

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Water, Sanitation, City, Municipal, Town, County and Fire Protection MAY be words that indicate what type of number is needed

License Plate number

Inmate number

Passport number

PDPA number

6.

MULTIPLE CHOICE QUESTION

30 sec • 6 pts

The amount of insurance coverage FirstBank provides for the contents of Safe Boxes

None

$0

it depends on what was in the box

$250,000

up to $10,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the daily minimum balance for non-interest bearing Business Checking Accounts to waive the $12 monthly service fee for accounts that run 150 items or less per statement cycle?

$1,500

There is no minimum balance requirement

$1,000

$1,500

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