Practice Test - Level 1 B

                                 is an average of comparable transactions prices and discoveries calculated at the member's interface.

A power product that is Monday -Sunday, HE 0100 - 0700, 2400 is considered a                                .

The settlement (settled as EC-5) of the below deal respresented on the Settlement Daily Report is correct. Hour Ending                            Deal Number             CPY             Interface               Price          WheelCharge       DealVolume   0200                                         604128                       EDFT            FPC.SOCO         $28                  0.00                          40   0200                                         Disc                             MSCG          GTC                      $30.49            0.00                          0.00   0200                                         Disc                            SOCO           SOCO/MEAG      $36                  0.00                          0.00   0200                                         Disc                            FPL               GRU                     $36                  0.00                          0.00   0200                                         Disc                            EDFT            GTC                      $30.49            0.00                          0.00   0200                                         Disc                            PEF               GRU                     $33                  0.00                          0.00

• True

• False

What category would TEA's members fit into as far as trading?

• Power marketers

• Cooperatives

• Municipalities

• Federal Power Marketing Administrations

• Both A and C

• None of the above

How many ownership units in TEA do medium members receive?

• 2

• 5

• 3

• 1

• None of the above

Which cost type does not hit the 2111/1311 accounts?

• Timezone Adjustment

• Commodity Charge

• Op Penatly Payment

• Start Up Costs

• None of the above

Which transmission product is considered Network, therefore TEA does not have to pay for it?

• 3-ND

• 7-FN

• 2-NH

• 6-NN

• 7-F

• All of the above.

• None of the above.

Which of the below is not a Resource Management Partner?

• BCPD

• GCPD

• AMP

• NCMPA1

• Both B and D

• None of the above

Which item(s) accurately describes capacity?

• Generation (Owned or purchased)

• Required by NERC (North American Electric Reliability Corporation)

• Peak load + reserve requirements

• Required by FERC (Federal Energy Regulatory Commission)

• All of the above

• None of the above