WorksheetsQCREDIT EXAM FOR OIC
Total questions: 20
Worksheet time: 15mins
Base on the organization hierarchy, what department under the support group keeps the custody and security of the funds.
A. Property custodian
B. Accounting Department
C. Finance
D. EDP
They are the owner of the company and/or the corporation?
A. Board of Directors
B. Stockholders
C. Wilfredo C. Quibod
D. President/CEO
Responsible for the administrative and supervisory for planning, organizing, directing and controlling of branch operations.
A. Collector
B. Branch Manager
C. Area Manager
D. Branch Cashier
Branch Managers/OICs approves the following documents except:
A. Request for Cash Advances
B. Liquidation Reports
C. Daily Cash Position Report
D. Official Receipts
The following are the use of cash in vault funds except;
A. Office rental
B. MVL Releases
C. Electric and water Bills
D. Financial Assistance
They are called the revenue generating group.
A. Support
B. Operation
C. Stockholders
D. Board of Directors
The following are the duties and responsibilities of BMs/OICs except:
A. Conducts Customer Information Verification
B. Processes System Recommendations and Approvals for MVL credit limit setup
C. Issue OR every time he/she received cash
D. Supervise the overall Branch Operations
How much is the maintaining balance of Cash in Vault fund?
A. 10,000.00
B. 100,000.00
C. 1,000,000.00
D. 1,000.00
To whom does Branch Manager should reports first?
Cashier
HRD Manager
Audit
Area Manager
This are the following variables to consider when verifying customers except
A. Geographical Area
B. Business Establishments
C. Educational Attainments
D. Personal Informations
Managers should directly reports to HRD Manager when any problems arises
True
False
Lending companies like QCredit Corp. can be penalized when its compliant with all government requirements
True
False
Managers should have his signature over printed name below the "Approved by" portion of the Field release cash advance slip after the customer received his/her loans.
True
False
Managers are accountable when there is cash shortage in both CIV and PCF
True
False
Official Receipt should be issue only for office payments.
True
False
Collectors are primarily responsible for credit exposure to high risk customers because of unvalidated and unverified credit investigation conducted by them.
True
False
Qcredit Corp. name were established in December 2018.
True
False
When there are customers' complaints and concerns managers should attends and ensures prompt disposition.
True
False
Support group represents the corporation.
True
False
Company handbook where company rules and regulations preside should be read, understand and should be violated.
True
False
