Course # 2 Test
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PK TEST IN ORDER TO PASS TEST, SCORE MUST BE 80% CORRECT OR ABOVE TEST TIME LIMIT: 30 MINUTES ALL QUESTIONS THAT ARE UNANSWERED WILL BE SCORED AS IN-CORRECT
- 1.What is an AMR payout?
- A.
Compensation off of all product sales
- B.
Compensation off of the alarm monitoring/ Paid out every month
- C.
Compensation off of Jr Managers completing their training
- D.
None of the above
- 2.How much is a Corporate Manager's AMR?
- A.
$0
- B.
$400
- C.
$5
- D.
None of the above
- 3.What percentage override does a Manager receive off of all Managers within his agency?
- A.
None
- B.
5%
- C.
10%
- D.
20%
- 4.What is an Independent's A.M.R.?
- A.
$0
- B.
$10
- C.
$5
- D.
None of the above
- 5.What is a T.Bonus?
- A.
Bonus that is received when you accept a Manager for the position
- B.
Bonus that you receive when a Jr manager on your team completes their training
- C.
Team Completion Bonus (When Team receives a bonus)
- D.
Bonus that is received when you accept a Manager for the position and the Jr Manager pays for their jr manager package
- 6.What does a Jr. Manager earn from completing his training?
- A.
Nothing
- B.
10% of retail
- C.
20% of retail
- D.
$500 Sign On Bonus
- 7.What is the bonus at $15,000.00 in Sales?
- A.
$800
- B.
$1000
- C.
$2500
- D.
$2000
- 8.What is the percentage an independent Manager earns from his office volume?
- A.
10%
- B.
15%
- C.
20%
- D.
None of the above
- 9.What is the minimum amount of JR. Managers that must be accepted every month?
- A.
40
- B.
30
- C.
20
- D.
No minimum
- 10.What is the Retail Requirement for JR. Managers to successfully complete the training?
- A.
$3,000
- B.
$5,000
- C.
$10,000
- D.
None of the above
- 11.What is the A.M.R. that a Manager earns every month from the Manager's sales within in his Agency?
- A.
$5
- B.
$4
- C.
$3
- D.
None of the above
- 12.As a Manager, I am compensated weekly. Every Friday I am compensated for the previous week's production(Mon-Sun)
- A.
True
- B.
False
- 13.Dave is an Independent Manager. Dave's office has achieved 7500 in office volume this week (first week of the month) and Dave has also accepted 15 Jr. Managers for the position this week. What would Dave's compensation be this week?
- A.
$2250
- B.
$3000
- C.
$5200
- D.
None of the above
- 14.Thomas is a corporate Manager. This month his office has achieved 20,000 in volume. Thomas has also accepted 40 jr managers this month. What is Thomas' compensation?
- A.
$3400
- B.
$9,000
- C.
$8,960
- D.
None of the above
- 15.What is the dollar amount of the office cap?
- A.
$0
- B.
$500
- C.
$400
- D.
$300
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