Practice Test - 90 Day Assessment B
10 Questions
| Attempts: 51
The purpose of this assessment is to help the Settlement Analyst prepare for their 90 day evaulation.
Questions and Answers
- 1.
Financial settlement of power that did not flow in a FLD (Firm Liquidated Damages) market is considered a:
- A.
Resupply
- B.
BPA Loss Repay
- C.
Bookout
- D.
Dump
- E.
Preschedule
Correct Answer
C. Bookout -
- 2.
The purpose of the strategy on a deal is to determine which party will handle the funds from the transaction.
- A.
True
- B.
False
Correct Answer
B. False -
- 3.
The price at which a company is willing to sell power is called an offer.
- A.
True
- B.
False
Correct Answer
A. True -
- 4.
A transaction with the following characteristics would be considered a: Trade Date = 4/12 Flow Date = 4/13 Hour Ending = 1200 to 1800
- A.
Pre-schedule transaction
- B.
Multi - Day transaction
- C.
Hourly transaction
- D.
Term transaction
Correct Answer
D. Term transaction -
- 5.
A special deal type in which two companies don't have credit which each other and TEA is put in the middle to solve this problem would be called a .
Correct Answer
Sleeve - 6.
What is wrong with the scenario below? Transaction 1: Buy Ctpy: NCMA1 RMP Sell Ctpy: TEA Price: $12.00 Price: $25 Volume: 125 Volume: 125 Strategy: TEA East Power Strategy: TEA East Power Internal Company: TEA Cash Internal Company: TEA Cash Tag Number: TFZ2022 Tag Number: TFZ2022 Transaction 2: Buy Ctpy: TEA Sell Ctpy: MEAG Price: $27.00 Price: $38 Volume: 125 Volume: 125 Strategy: MEAG Power Strategy: MEAG Power Internal Company: TEA Cash Internal Company: TEA Cash Tag Number: TFZ2022 Tag Number: TFZ2022
- A.
Transaction 1 should have a strategy of MEAG Power.
- B.
The internal company for transaction 1 should be NCMPA1 Cash.
- C.
There is nothing wrong with the scenario.
- D.
TEA prices do not equal.
- E.
The strategy on transaction 1 should be NCMPA1 Power.
Correct Answer(s)
B. The internal company for transaction 1 should be NCMPA1 Cash.
D. TEA prices do not equal.
E. The strategy on transaction 1 should be NCMPA1 Power. -
- 7.
Which code is associated with an Agent Cash Transaction?
- A.
ET-16
- B.
ET-14
- C.
ET-3
- D.
ET-8
Correct Answer
D. ET-8 -
- 8.
If a 3rd party sends an invoice on the 18th calendar day, per contract agreements, TEA must pay them on the 20th calendar day.
- A.
True
- B.
False
Correct Answer
B. False -
- 9.
For checkout purposes, it's okay to write-off $250 for a transmission amount of $2,750 since the policy states that an Analyst can write-off up to $500.
- A.
True
- B.
False
Correct Answer
B. False -
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Current Version
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Mar 21, 2022Quiz Edited by
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May 01, 2013Quiz Created by
Dzaros
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