Practice Test - 90 Day Assessment C

10 Questions | Total Attempts: 45

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Practice Test - 90 Day Assessment C

The purpose of this assessment is to help the Settlement Analyst prepare for their 90 day evaluation.


Questions and Answers
  • 1. 
    The percentage difference seen on the IMCP Log Report is used to calculate the difference between the trader provided MCP and the MCP calculated using discoveries.
    • A. 

      True

    • B. 

      False

  • 2. 
    During the power checkout process it is decided that a write-off (within policy limits) will be entered to facilitate the checkout process. If the amount to be written off is a TEA payable, which option should be chosen in the Financial Cash Payment form?
    • A. 

      Receive (Sell)

    • B. 

      Pay (Buy)

    • C. 

      It does not matter which is chosen, as long as the total net amount matches the agreed upon checkout numbers with the 3rd party.

  • 3. 
    If TEA is not in the market path on a tag, but the tag can be viewed by TEA in OATI (Open Access Technology International), what does this indicate?
    • A. 

      TEA is acting as principal since the tag can be viewed.

    • B. 

      TEA is acting as agent since they are not in the market path but can still view the tag.

    • C. 

      It is not a TEA transaction, since TEA is not in the market path. Any company with access to OATI can view any tag.

    • D. 

      None of the above.

  • 4. 
    The Data Verification hand-off from Front Office occurs at 12:30 pm every business day (excluding extensions).
    • A. 

      True

    • B. 

      False

  • 5. 
    Over-utilized transmission indicates which of the following:
    • A. 

      The loss calculation in the deal form does not equal numbers in the Match.

    • B. 

      An incorrect adjustment was made in the Match.

    • C. 

      TEA purchased too much transmission for the power deal.

    • D. 

      Both A & B.

    • E. 

      None of the above.

  • 6. 
    External Partner transactions should go through the same MCP process that Members receive.
    • A. 

      True

    • B. 

      False

  • 7. 
    A transaction discovery in SPP with a volume of 21 mws cannot be compared to other deals because it violates the 25 mw volume rule.
    • A. 

      True

    • B. 

      False

  • 8. 
    A request to lower the MW level of a tag's energy profile in order to prevent or resolve system reliability problems describes which OATI state:
    • A. 

      Correction

    • B. 

      Adjustment

    • C. 

      Curtailment

    • D. 

      Termination

    • E. 

      None of the above

  • 9. 
    The Energy Authority was incorporated in the year of               .
  • 10. 
    Which Settlement code is used for multi-day transactions?
    • A. 

      ET-8

    • B. 

      ET-17

    • C. 

      ET-13

    • D. 

      ET-3

    • E. 

      None of the above

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