The IPL Quiz: Trivia Questions!
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- 1.What is not a qualifying factor that determines how much IPL limit you receive?
- A.
Profile completeness
- B.
None
- C.
Ratings of your blogs
- D.
Processing fee payment
- 2.What triggers the IPL limit increases?
- A.
Automatically by the FanBox system as you become eligible
- B.
Availability of IPL funds in the community IPL pool
- C.
Whether or not you are paying your IPL processing fee on time
- D.
All the selections
- 3.What actions do you need to make so that your IPL limit is not utilized?
- A.
Pause your current ads and boost portfolios
- B.
Refrain from boosting
- C.
Refrain from purchasing ads
- D.
All the selections
- 4.What happens if your IPL fund is not utilized within a reasonable period of time?
- A.
You will lose your FanBox account
- B.
Your IPL funds will be returned to the community IPL pool
- C.
You will lose all of your earnings
- D.
None of the selections
- 5.What is the minimum processing fee due?
- A.
$1
- B.
$2
- C.
$1.5
- D.
No minimum
- 6.Processing fees apply to your un-utilized IPL amount.
- A.
True
- B.
False
- 7.You do not pay a processing fee on un-utilized amounts in your IPL Limit.
- A.
True
- B.
False
- 8.What do you need to do to automatically lower your IPL limit?
- A.
Nothing--the system automatically does it for you
- B.
Pay down any utilized IPL amount
- C.
Pay your processing fee on time
- D.
None of the selections
- 9.What is the IPL processing fee?
- A.
A fee paid into the IPL pool by all IPL users
- B.
A fee charged for the privilege of utilizing IPL funds
- C.
All of the selections
- D.
A fair use charge
- 10.What happens when your processing fee due date arrives?
- A.
The system multiplies your processing fee percentage against your IPL utilized amount as of that date to calculate your processing fee
- B.
You will have to manually pay your processing fee
- C.
Your Paypal account is automatically charged for the processing fee you owe
- D.
Your credit card account is automatically charged for the processing fee you owe
- 11.What is not a way to pay your processing fee?
- A.
Matured funds in your FanBox bank
- B.
Paypal
- C.
Western Union
- D.
Wire Transfer
- 12.How can you lower or eliminate your processing fee?
- A.
By purchasing products and services
- B.
By being a power user
- C.
By purchasing premium blogs
- D.
All of the selections
- 13.How much do you receive in cashback when you make a purchase after your processing fee is paid?
- A.
33.3%
- B.
30%
- C.
25%
- D.
15%
- 14.What happens if you protect your account using the free Account Protection Plan?
- A.
Your processing fee can be automatically charged to your PayPal or credit card
- B.
You eliminate any potential penalties for late payment of your processing fee
- C.
All of the selections
- D.
You keep your IPL account in good standing
- 15.From the day your processing fee is due, how long do you have to pay your processing fee?
- A.
10 days
- B.
5 days
- C.
12 days
- D.
15 days
- 16.10 days after your processing fee is due, if any portion of it remains unpaid, what is the penalty charge?
- A.
$10
- B.
$15
- C.
$20
- D.
$25
- 17.What happens if any portion of your processing fee remains unpaid after 30 days?
- A.
You will be assessed another $10 in late fees
- B.
Your processing fee for that month will double
- C.
Your FanBox account will be flagged as being untrustworthy
- D.
All of the selections
- 18.What will eventually happen if your IPL fee remains unpaid?
- A.
You may lose your IPL account
- B.
All of the selections
- C.
Your un-utilized IPL funds will be returned to the IPL pool
- D.
Your IPL earnings will be returned to the IPL community pool
- 19.Which of these statements is true?
- A.
Your processing fee will never change
- B.
Your processing fee will always be 1.6%
- C.
None of the selections
- D.
Your processing fee will likely be different from the month before
- 20.Your processing fee percentage can vary slightly each month based on economy utilization factors that are variables.
- A.
True
- B.
False
- 21.The community IPL pool is the total funds available for use by FanBoxers via their IPL accounts.
- A.
True
- B.
False
- 22.How can you utilize your IPL funds?
- A.
For ads that promote your blogs, or the blogs of other people
- B.
To boost the ads of other FanBoxers
- C.
All of the selections
- D.
Fund your ads that promote your products, services and premium blogs
- 23.Which of these statements about IPL is true?
- A.
Your IPL Limit is the maximum amount of IPL funds that you’ve been cleared to utilize
- B.
IPL because it is the fastest and easiest way to accelerate earnings on FanBox
- C.
Your IPL limit can be increased, in incremental steps, with the passing of time as you achieve each qualifying step
- D.
All of the selections
- 24.How long is your IPL fee due after you have paid off your processing fee for the first time?
- A.
30 days
- B.
15 days
- C.
10 days
- D.
None of the selections
- 25.How much of your money in your boost portfolio will the system use approximately every day until the total boost portfolio is utilized?
- A.
1%
- B.
5%
- C.
100%
- D.
None of the selections
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