Proxibid Software Operation Training Quiz

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| By Proxibidtrainer

Proxibidtrainer

Community Contributor

Quizzes Created: 2 | Total Attempts: 268

| Attempts: 206

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1/17 Questions

On day of the auction, how far in advance should the Software Operator launch and set the auction 'Live'?
- 1 day
- 1 hour
- 10 minutes

About This Quiz

Quiz covering the training sessions for the Proxibid software application

2.

Where do you find the messages that you have sent out or have received?
- Under the Lot List tab
- MSN Messenger
- Under the Settings tab
- Under the Participants tab in the Response log
- What messages?
Correct Answer

A. Under the Participants tab in the Response log

Explanation

The correct answer is "Under the Participants tab in the Response log". This is where you can find the messages that you have sent out or have received. The Participants tab in the Response log keeps a record of all the messages exchanged between participants in a conversation. It allows you to review and track the communication history.

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3.

What link do you "click" to get to your auctioneer application launch page?
- Catalog
- AuctionBuilder
- AppletLauncher
- Web Address
- Reporting
Correct Answer

A. AppletLauncher

Explanation

You will launch the application from the AppletLauncher in the upper right hand corner of the AuctionBuilder.

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4.

What are all of the steps when performing a testbid?
- Open the Auctioneer Application
- Sent a lot into the ring
- Go to the Tools tab and click the "Launch Test bid" button.
- Make sure you get "Test Bid was Successful" message.
- All of the above.
Correct Answer

A. All of the above.

Explanation

To complete a test bid you will open up the application, send a lot to the ring, click on the Connection Manager tab, click 'Launch Testbid' and make sure you get a "Test Bid was Successful" message.

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5.

How would you handle this scenario? Auctioneer is asking "$300, how about $200, how about $100"
- In the Asking Table, Type 100 (Enter)
- In the Asking Table, ONLY type 300
- Click ONLY 100 in the Increment Table
- Wait until the Auctioneer gets a bid then type it
- In the Asking Table, type 300 (Enter), type 200 (Enter) type 100 (Enter)
Correct Answer

A. In the Asking Table, type 300 (Enter), type 200 (Enter) type 100 (Enter)

Explanation

In the Asking Table you would type 300 (Enter), next type 200 (Enter) then type 100 (Enter)

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6.

What group types can be created in the Auctioneer application?
- All One Money
- Choice
- Lots X Money
- Choice X Qty
- All Lots X Qty
- Choice in Order
- All of the Above
Correct Answer

A. All of the Above

Explanation

All of the groups are correct:
Choice - high bidder chooses one or as many lots as they want
All One Money - high bidder gets all lots in the group for one price
Lots X Money - winning bidder gets all lots multiplied by hammer price
Choice X Qty - winning bidder can take one or more lots, but each lot is multiplied by the quantity
All Lots X Money - winning bidder gets all lots times the quantity in each lot.
Choice in Order - the high bidder on the group must take their requested lots in numerical order of the group

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7.

All of the following are acceptable internet connections EXCEPT:
- Hard-Lined (Cable, T1, DSL)
- Satellite
- Wireless High-Speed Network
- Mobile broadband devices (air-card)
Correct Answer

A. Satellite

Explanation

Satellite Internet is not compatible with live Internet bidding.

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8.

After an auction has finished, the status must be changed to:
- Pending
- Invoiced
- Closed
- Disabled
- Reconciled
Correct Answer

A. Closed

Explanation

The auction status needs to be changed to Closed.

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9.

To run the Proxibid Auctioneer Application you must have (2 answers): (Select all that apply.)
- Java installed
- Registered for an auction
- A stable internet connection
- Pre-bidding enabled
Correct Answer(s)

A. Java installed
A. A stable internet connection

Explanation

To run the Auctioneer Application you need to have (1) Java installed & (2) a stable internet connection.

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10.

What is the FALSE statement in these steps for multiplying the bid (5 times the money) on a SINGLE lot?
- Insert the quantity in the Quantity Field of your catalog.
- Make sure "Auto Quantity" is turned on in your settings tab
- Put the quantity in the Bid Multiplier & hit enter or Multiply Bid button.
- You can't multiply the bid on a single lot.
- If the quantity shows in the lot list it will auto populate into the Bid Multiplier
Correct Answer

A. You can't multiply the bid on a single lot.

Explanation

The given answer is the false statement in the steps for multiplying the bid on a single lot. The other statements provide instructions on how to multiply the bid by inserting the quantity in the Quantity Field, ensuring "Auto Quantity" is turned on, and putting the quantity in the Bid Multiplier. Additionally, if the quantity shows in the lot list, it will automatically populate into the Bid Multiplier. However, the statement "You can't multiply the bid on a single lot" contradicts the previous instructions, suggesting that it is the false statement.

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11.

Where do you put in the asking price? (2 answers) (Select all that apply)
- Accept bid box
- Above the Asking column
- Wait for it to appear
- Clicking in the increment table
Correct Answer(s)

A. Above the Asking column
A. Clicking in the increment table

Explanation

The asking price is typed above the asking column or clicked on in the increment table

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12.

How would you represent this scenario?The Auctioneer is asking $50 and gets an onsite bid for $50, then asks for $60.
- Click 50 in the Increment table and then change to 10 Increment
- In Asking table, type 50 (Enter), accept 50 bid from the Asking column, then click 10 from the Increment table
- In Asking table, type 50 (Enter), then add 10 from Increment table
- In the Asking table, type in 60 (Enter)
Correct Answer

A. In Asking table, type 50 (Enter), accept 50 bid from the Asking column, then click 10 from the Increment table

Explanation

You would type 50 in the asking table, then accept that bid from any of the 50's in the asking column, then add 10 from the increment table.

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13.

What does the "Start Bid" represent?
- Where you should "ALWAYS" start the bid
- The amount of the competitive pre-bidding prior to the start of the lot
- What you should sell it for
- The maximum pre-bid left
- What's a pre-bid?
Correct Answer

A. The amount of the competitive pre-bidding prior to the start of the lot

Explanation

The Start Bid represents the amount of the competitive pre-bidding prior to the start of the lot.

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14.

What TWO colors will you see when you need to click on the "Accept Bid" button to accept the Internet bid? (Select all that apply.)
- Bright Blue
- Green
- Grey
- Purple
- Gold
Correct Answer(s)

A. Bright Blue
A. Gold

Explanation

When you need to click on the "Accept Bid" button to accept the Internet bid, you will see the colors Bright Blue and Gold.

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15.

If there is no lot in the ring, how would you send a lot to the ring?
- By double clicking on the lot
- Nothing, first lot with no status will send after two minutes
- If lot is in a group, click lot and then 'Send Single Lot to Ring'
- Click on lot and click 'Send to Ring'
- All of the Above
Correct Answer

A. All of the Above

Explanation

A lot will be sent to the ring using any of these methods.

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16.

What are the types of messages that you can send out to bidders? (Select all that apply.)
- Pop-Up
- Asking Price
- Needs Response
- Status Bar
- Standard
Correct Answer(s)

A. Pop-Up
A. Needs Response
A. Status Bar
A. Standard

Explanation

Standard message - displays in the message center.
Pop-up message - displays in a pop up box.
Need Response message - pops up with a question for the bidder to respond.
Status Bar message - displays in the orange bar on top of the bidder application.

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17.

What do the THREE colors in the Interest Meter mean? (Select all that apply.)
- Green - showing interest
- Purple - showing interest
- Yellow - current bidder
- Blue - has placed bid and showing interest
- White - moved off bid button
Correct Answer(s)

A. Green - showing interest
A. Blue - has placed bid and showing interest
A. White - moved off bid button

Explanation

green - shows interest
blue - active bidder and showing interest
white - off bid button

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Current Version
Mar 20, 2023

Quiz Edited by
ProProfs Editorial Team
Aug 27, 2009

Quiz Created by
Proxibidtrainer

Proxibid Software Operation Training Quiz

On day of the auction, how far in advance should the Software Operator launch and set the auction 'Live'?

Quiz Preview

Where do you find the messages that you have sent out or have received?

What link do you "click" to get to your auctioneer application launch page?

What are all of the steps when performing a testbid?

How would you handle this scenario? Auctioneer is asking "$300, how about $200, how about $100"

What group types can be created in the Auctioneer application?

All of the following are acceptable internet connections EXCEPT:

After an auction has finished, the status must be changed to:

To run the Proxibid Auctioneer Application you must have (2 answers): (Select all that apply.)

What is the FALSE statement in these steps for multiplying the bid (5 times the money) on a SINGLE lot?

Where do you put in the asking price? (2 answers) (Select all that apply)

How would you represent this scenario?The Auctioneer is asking $50 and gets an onsite bid for $50, then asks for $60.

What does the "Start Bid" represent?

What TWO colors will you see when you need to click on the "Accept Bid" button to accept the Internet bid? (Select all that apply.)

If there is no lot in the ring, how would you send a lot to the ring?

What are the types of messages that you can send out to bidders? (Select all that apply.)

What do the THREE colors in the Interest Meter mean? (Select all that apply.)