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MCQ #1 - POLICY

Total questions: 74

Worksheet time: 37mins

Name
Class
Date
1.

Which description below related to negative list is WRONG?

a)

For the case authority is MKT manager, highest authority for appeal is CRE manager

b)

For the case authority is CRE AGD, highest authority for appeal is GD

c)

Applicant who violates Black List is not allowed to send CF

d)

Applicant has historical G2 record within 6 months needs to make appeal before sending CF

2.

While evaluate market price of leased asset, what is the best solution?

a)

Consult machine dealer/supplier to know current market price

b)

Consult CILC system to check machine with same brand name

c)

Consult online website to check machine with same brand name

d)

Consult fixed asset list to check depreciation

3.

What is NOT a bad signal while evaluating applicant?

a)

Negative reputation on newspaper 3 months ago

b)

Applicant has 10 related companies to serve for customer in different areas

c)

GD of applicant has external investment and doesn't earn any profit for 1 year

d)

GD is listed as shareholder in more than 10 companies in different industries

4.

While evaluate real sales of applicant, what is NOT the reliable source?

a)

Check Internal record with bank statement

b)

Check VAT sales and bank statement

c)

Internal record without clear Buyer info

d)

Bank statement with clear content

5.

To make sure the real GPM and profit, what is the most reliable method?

a)

Compare difference between Financial statement and VAT sales

b)

Compare VAT input/ output figure

c)

Compare figure on Financial statement

d)

Compare company in same industry

6.

To reduce possible risk of delinquent, what is NOT the good method?

a)

Require worker in the factory to become guarantor

b)

Reduce TE and increase SD

c)

Require guarantor who works in different industry

d)

Add corporate guarantor whose revenue is stable

7.

What is NOT included in the target of CRE dept?

a)

Total Outstanding growth of each department

b)

Personal income from customer

c)

Risk Control

d)

Revenue achievement of each department

8.

If applicant only issue 10% invoice of their revenue, what method can better understand applicant's real revenue?

a)

Evaluate Financial Statement

b)

Number of machines operating while credit checking

c)

VAT sales and AR, AP, inventory list

d)

Using manufacturing capacity to compare with income in bank statement

9.

Revenue of applicant mainly comes from SMEs in Cambodia, what is the potential risk?

a)

Can't verify real sales and real buyer

b)

can't verify real sales and capacity

c)

can't verify capacity and AR turnover

d)

can't verify AR and AP turnover

10.

Construction company usually has high financial burdenm what is the possible reason?

a)

Applicant mostly own several related company, complicated internal procedure

b)

AR term mostly follow construction progress, can be last from 1 month to several years

c)

Bank tends to support construction company, give them higher credit line

d)

Supported by local government

11.

As the global plastic resin price increase gradually, what is NOT the possible impact?

a)

Plastic factory purchase more plastic resin to reduce cost

b)

Profit of small plastic production factory would reduce

c)

Manufacturing capacity of plastic factory would increase

d)

Revenue of plastic production factory will increase in a long term

12.

A Vietnamese factory earns most of its revenue from U.S. customers. If the USD strengthens significantly against the VND and the other costs remain in VND, what is the most likely impact on the factory's net profit margin?

a)

Net profit margin will likely increase

b)

Net profit margin will likely decrease

c)

There will be no effect on net profit margin

d)

Gross profit margin will decrease

13.

A Vietnamese textile exporter faces new U.S. tariffs on imported clothing. Which of the following responses or signals should be paid attention in the company's operations?

a)

Diversifying export markets and adding domestic sales

b)

Increasing inventory of finished goods

c)

Purchase new machines to improve productivity

d)

Switching to local raw materials

14.

Applicant is a paper-processing company in northern Vietnam. Which of the following signs would increase concern under the new local environmental rules?

a)

Stable gross margin over the last 2 years

b)

Reduction in days payable outstanding (DPO, AP turnover days)

c)

Increased revenue from domestic orders

d)

Repeated fines for wastewater violations

15.

An SME manufacturing company regularly sells goods without issuing formal invoices. After new e-invoice rules effective June 1, 2025, which of the following risks becomes most urgent?

a)

Heavy fines and from government

b)

Reputation damage from customer reviews

c)

Losing current relationship with supplier

d)

Product quality being complaint

16.

A Vietnamese company manufacturing electrical components has main customers from India and Cambodia. What should be your main concern when evaluating the company's short-term credit?

a)

Its local tax incentives might be reduced.

b)

Delayed overseas payments may cause cash flow pressure.

c)

Export revenue will increase automatically due to exchange rates.

d)

Its product quality may not meet EU standards.

17.

A factory in Vietnam earns 70% of its revenue from a single large customer in Japan, the contract is renewed each year. What is the most serious concern in credit evaluation?

a)

The strength of the Japanese yen

b)

The factory's average daily electricity usage

c)

Customer concentration risk if the contract is not renewed

d)

Labor cost inflation in Vietnam

18.

New transport rules in Vietnam require drivers to rest for 15 minutes after every 4 hours of continuous driving, leading to longer delivery times. Because of this new driving time rule, what is the most likely effect on a manufacturing company's operations?

a)

The company will receive customer payments faster

b)

The company will have fewer workers

c)

The company's equipment will lose value faster

d)

The company may have more finished goods waiting to be delivered in the warehouse

19.

Which amount will decide authority of an application?

a)

Financing amount

b)

Exposure amount

c)

Accumulated Financing amount

d)

All are incorrect

20.

One company has 35% sales volume which is transportation, 65% sales volume is furniture manufacture, 10% is trading. What is their CILC industry?

a)

Manufacturing

b)

Transportation

c)

Trading

d)

All are correct

21.

How many months is it not allowed to apply consultation if previous application was withdrawn with risk? (following the recent policy)

a)

3 months

b)

1 month

c)

6 months

d)

All are incorrect

22.

How many months is it not allowed to apply consultation if previous application was rejected?

a)

3 months

b)

1 month

c)

6 months

d)

All are incorrect

23.

Customer wants to apply Sales and lease back with CILC with a passenger car (Toyota/Camary; Vietnam, YOM < 3 years), what is the security ratio of this asset?

a)

0.6

b)

0.7

c)

0.5

d)

0.4

24.

A company had bad debt group 2 in recent 3 months or group 3-5 in recent 2 years is classified in?

a)

Black list

b)

Negative list

c)

Watching list

d)

Not in warning list

25.

How many levels of credit grading is adjusted in comparison with lowest grading within recent 12 months?

a)

2 levels

b)

1 level

c)

3 levels

d)

4 levels

26.

For Marketing Department head cases, who is first deputy of authority to join credit checking?

a)

Marketing Manager

b)

Marketing Leader

c)

Credit Manager

d)

Credit Leader

27.

What is the right customer source for this case: the customer is introduced by a dealer which does not cooperate with CILC before, however, CO can verify this dealer?

a)

Introduced by dealer

b)

Introduced by other companies or individual

c)

Introduced by broker

d)

Unknown customer source

28.

Which amendment item doesn't need to be reviewed by Credit department?

a)

Change currency from USD to VND

b)

Reduce guarantor

c)

Reduce interest rate

d)

Increase tenor

29.

Which leased asset below can apply pricing for vehicle?

a)

Container

b)

Truck crane

c)

Concrete pumping truck

d)

Forklift

30.

There are 2 applications of the same applicant which has different authorities and different MO. When will CO send report?

a)

One report will be sent to higher authority

b)

Two reports will be sent to higher authority at the same time

c)

Two reports will be sent to each authority at different time

d)

Two report will be sent to higher authority at different time

31.

Who is the highest authority for appeal request of Deputy General Director's case about the customer source?

a)

Credit Manager

b)

Credit AGD

c)

Deputy General Director

d)

General Director

32.

When MO wants to extend the expiration date of CA, what kind of documents they have to submit to Credit department?

a)

Updated CIC result

b)

Updated VAT monthly report

c)

Updated financial bank statement

d)

All of the above

33.

The applicant's short term loan is higher than their working capital demand. Which situation can happen?

a)

Use short-term loan to invest machines.

b)

Use short-term loan to invest factories.

c)

Use short-term loan to invest in others

d)

All are correct

34.

Which case does NOT need to make an appeal?

a)

The Networth on recent FS is negative

b)

Have established and operated for 2.5 years.

c)

Delaying payment to social insurance e 6 months

d)

Have bad debt group 3 in recent

35.

Gross profit is negative, but net profit is positive. Which explanation is Not reasonable?

a)

The applicant has export activity & earn exchange rate gain.

b)

The applicant has profit from selling factory.

c)

The applicant can reduce interest expense due to the decrease in bank loans.

d)

The applicant has profit from transferring their long-term investment.

36.

When will a lessee be recorded back to normal or remove from warning list?

a)

Lessee is applied appeal successfully

b)

Lessee has related company who is classified in warning list but already back to normal.

c)

Be verified not meet criteria of black list any more

d)

Have related person who is classified in warning list over 5 years

37.

Who is authority to approve RFA to remove from warning list?

a)

CO PIC who key in warning list

b)

Authority of the CF

c)

GD

d)

Credit manager

38.

What is the most reliable evidence to verify that lessee already clear bad debt with social insurance?

a)

Reference from social insurance department officer

b)

Bank statement

c)

Form C12-TS for detail of Social Insurance with stamp of Social insurance dept

d)

All are incorrect

39.

Who is defined as related person according to our warning list guideline?

a)

Shareholder with 30% but not the key person

b)

GD

c)

1&2

d)

1 & 2 are incorrect.

40.

Which leased asset is not applied vehicle scoring?

a)

Truck with crane

b)

Ambulance

c)

Tank truck

d)

Bus

41.

Which method is wrong to get appraisal price for leased asset if CO cannot make reference price?

a)

Use book value and calculate depreciation based on purchase year for sales and lease back case

b)

Custom declaration price for entrust import financial leasing

c)

Only take 50% of MO price for all type of leased asset

d)

1&2

42.

Who is the authority for waiving site checking?

a)

Credit manager if original CA authority is credit manager and below

b)

Credit leader

c)

Credit manager

d)

Authority of this CF

43.

Waiving site checking time is count from which date?

a)

Last CF date with site checking

b)

Last site checking date

c)

Last CA approval date

d)

Last checking date

44.

What are methods to verify if supplier for leased asset meets the requirement about core business?

a)

Website of national business registration portal

b)

Supplier's website

c)

Trading reference

d)

All are correct

45.

Which situation should not choose withdraw with Non-risk?

a)

Withdraw CF because the applicant has delayed their investment plan.

b)

Withdraw CF because the applicant has weak credit base.

c)

Withdraw CF because the applicant invest machines by their own-capital.

d)

Withdraw CF because the applicant has borrowed money from their shareholders.

46.

Which information can CO find in an applicant's bank statements?

a)

Delay principal & interest with banks

b)

Borrow money from other individuals

c)

Related persons by verifying individuals who usually deposit and withdraw money from the applicant's bank account.

d)

All are correct

47.

How can CO make verify the applicant's factory when they go credit checking?

a)

Check the address that CO visit with the registered address on Tax website.

b)

Check the address that CO visit with the address on the rental contract (with bank statement).

c)

Check the address that CO visit with the address on the electric bill.

d)

All are correct

48.

How can CO verify that the fixed asset list provided by the applicant is reliable?

a)

Compare the asset value on the fixed asset list with FS.

b)

Compare major machines on the fixed asset list with the actual machines on credit checking date.

c)

1 & 2 are correct

d)

1 & 2 are incorrect.

49.

Which one is the most suitable method to verify internal sales revenue of manufacturing company?

a)

Vehicle GPS record

b)

Electric cost

c)

AR detail

d)

Sharing from GD

50.

Which one will cause shorten AR turnover?

a)

Change trading condition to collect by cash

b)

Sale out fix asset

c)

Increase paid up capital

d)

Sale more inventory

51.

Which one is the risk factor of trading invoice?

a)

Buy and sell product from the same company

b)

Most of major buyers are established under 1 year

c)

High VAT issuing ratio but low cashflow in

d)

All above

52.

Which one is not belonged to negative list?

a)

Audit firm gave qualified opinion and violate 3 items

b)

Applicant just newly established 1 year ago

c)

Delay social insurance for 8 months

d)

Representative person now in the jail

53.

How much is SA ratio for new HINO dumping truck with capacity 40 tons?

a)

60%

b)

50%

c)

0

d)

40%

54.

Which countries would be considered high risk for money laundering if a client conducts transactions with buyers?

a)

Vietnam

b)

Iran

c)

Democratic Republic of the Congo

d)

Israel

55.

How many risk factors customer violated then will be Group D?

a)

2 items

b)

3 items

c)

4 items

d)

5 items

56.

Which one will cause VND depreciate?

a)

Trade surplus increase

b)

Donald John Trump invest golf courses in H°ng Yên

c)

VN SBV raises interest rates

d)

VN government sells bonds on the market

57.

What's the reason for Consumer Price Index raise?

a)

Russia-Ukraine war

b)

COVID-19

c)

Government invest in building North and South High speed railway

d)

US reduces tariffs on Vietnam

58.

Which of the following accounting items does NOT affect the Debt Service Ratio (DSR)?

a)

Interest expense

b)

Principal repayment

c)

Depreciation expense

d)

Loan amortization schedule

59.

If applicant has scoring R8, it can be approved under which condition?

a)

SA+SD>50%

b)

SA+SD>30 and MA+SD can cover 30% FA

c)

No restriction

d)

Can be rejected only

60.

What kind of condition that CRE shouldn't suggest?

a)

Provide factory rental contract before disbursement

b)

Clean O/S in other team before print out CA

c)

No more application applicantion within 12 months

d)

Provide payment slip for leased asset before disbursement

61.

For site checking photos, which one is not compulsory to appear in the photos?

a)

Marketing officer

b)

Applicant's name board

c)

Overall inside factory

d)

Storage

62.

Which audit firm is classed as first class firm in CILC?

a)

Deloitte Vietnam

b)

PriceWaterHouse Coopers Vietnam

c)

Ernst & Young Vietnam

d)

All above

63.

In CRE-020_Industry Limitation And Warning Policy, what's the limitation for restrict industry?

a)

SA+SD>=50%

b)

Total O/S <=300K

c)

SA+SD>=20%

d)

Total O/S <=100K

64.

Who can be authorized to use password to access system and processing case when CO in leaving period?

a)

CO leader

b)

CO manager

c)

All correct

d)

All incorrect

65.

Which financial ratio measures a company's ability to meet its short-term obligations?

a)

Debt to Equity Ratio

b)

Current Ratio

c)

Return on Equity

d)

Price to Earnings Ratio

66.

What does the Debt to Equity Ratio indicate?

a)

The profitability of the company

b)

The company's liquidity position

c)

The proportion of debt and equity financing

d)

The efficiency in asset utilization

67.

If a company has a high Return on Assets (ROA), what does it imply?

a)

The company is generating high profits relative to its assets

b)

The company has a high level of asset

c)

The company has poor liquidity

d)

The company is undervalued by the market

68.

If applicant only issue 50% of invoice, which item is CORRECT about its financial statement?

a)

Inventory is inflated.

b)

Sales are inflated.

c)

Pre-tax net profit is inflated.

d)

Accounts receivable are inflated.

69.

If the secured asset is saving book, according to our guideline, what is the market appraisal ratio?

a)

100%

b)

90%

c)

80%

d)

70%

70.

If CO can make reference for leased asset price, how many price reference shall be conduct by CO?

a)

1

b)

2

c)

3

d)

4

71.

While evaluating applicant's financial liabilities, which item is NOT correct?

a)

Check whether the customer has any records of overdue collection of bad debts

b)

Only the change in the total amount needs to be noted; the change in the number of banks with which the customer has transactions is of little significance

c)

Changes in the customer's balance can be observed, and any abnormal changes can be explained

d)

Changes in the customer's bank transactions, such as increases in the amount of guarantees or guarantee items, can be observed

72.

Restriction for case in negative list, how many months did applicant have debt group 2 recently, should be applied the appeal to get the approval to process?

a)

1

b)

2

c)

3

d)

4

73.

How much the shares owned by investment company should be defined as the related company?

a)

1/2

b)

1/3

c)

1/4

d)

1/5

74.

How far distance shall follow the far distance guideline?

a)

150 KM

b)

160 KM

c)

170 KM

d)

180 KM