Practice Test - 90 Day Assessment C
The purpose of this assessment is to help the Settlement Analyst prepare for their 90 day evaluation.
- 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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