2013 Plpc Ec Bb #17

5 Questions | Total Attempts: 30

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2013 Plpc Ec Bb #17

Questions and Answers
  • 1. 
    How many days are needed prior to the due date to generate a bill?
    • A. 

      3

    • B. 

      10

    • C. 

      5

    • D. 

      1

  • 2. 
    When initiating a refund, what status of the policy allows this function?
    • A. 

      WN (Policy in Warning)

    • B. 

      CP (Cancel Pending)

    • C. 

      OK (Okay/Active)

    • D. 

      NP (Non-Pay Cancel)

  • 3. 
    What type of payment is NOT binding for a reinstatement?
    • A. 

      Customer Payment

    • B. 

      OTEFT

    • C. 

      Agent Remit

    • D. 

      Credit Card/Bankcard

  • 4. 
    What do you do first to journal a payment that has already been applied?
    • A. 

      Unreconcile

    • B. 

      Reconcile

    • C. 

      Process Debit/Credit

    • D. 

      Input into NMPS (National Money Processing System)

  • 5. 
    Which of the following is NOT a life event for an OM Hold (On hold for Money)?
    • A. 

      Military Deployment

    • B. 

      Identity Theft

    • C. 

      Bad Check

    • D. 

      Divorce

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