IPL

28 Questions

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IPL Quizzes & Trivia

In this test you will be evaluated on your knowledge of IPL.


Questions and Answers
  • 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 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 cash back 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 each day until the total boost portfolio is utilized?
    • A. 

      1%

    • B. 

      5%

    • C. 

      100%

    • D. 

      None of the selections

  • 26. 
    Why does my processing fee change each month? 
    • A. 

      None of the selections

    • B. 

      Your fee is based on how much you have used that month

    • C. 

      FanBox doesn't want you to pay the same amount each month

    • D. 

      Your fee varies based on the total amount of IPL you have utilized

  • 27. 
    When IPL is initially launched, ad budgets are automatically set to _____ per day.
    • A. 

      .01

    • B. 

      $1

    • C. 

      $5

    • D. 

      None of the selections

  • 28. 
    When IPL is initially launched, an ad CPC (cost per click) is automatically set to _____ per day.
    • A. 

      $10

    • B. 

      $5

    • C. 

      .01

    • D. 

      $1