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Payments Software Training- Final Quiz

Quiz by Hannah Jane Sanchez

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20 questions
Show answers
  • Q1

    The MICR line contains which piece/s of information about the payment?

    All of the Above

    Routing Number 

    Check Number 

    Routing Number 

    30s
  • Q2

    If payment is returned for "unable to locate account (Ro3)", Realpage is unable to provide details of why the bank returned the payment.

    True

    False

    30s
  • Q3

    Which Payments Tab should be used to locate information about why a pre-authorized  payment failed?

    Bulk Processing Tab

    Summary Tab

    Pre-authorized Payments Tab

    30s
  • Q4

    What is an example of an ACH payment?

    Money Order

    Gift Certificates

    Paypal

    Personal Check 

    30s
  • Q5

    What is an example of an IRD payment?

    Money Order

    Business Checks 

    All of the Above 

    Cashier's Check

    30s
  • Q6

    ACH Stands for?

    Automated Clearing Housing 

    Automatic Clearing Housing 

    Automated Clearing House 

    30s
  • Q7

    IRD Stands for? 

    Image Replacement Document 

    Image Replaced Document 

    Image Replacing Document

    30s
  • Q8

    When repairing the MICR line, it should be:

    t<account number>t <check number>o <routing number>

    t<check number>t <routing number>o <account number>

    t<routing number>t <account number>o <check number>

    30s
  • Q9

    You can confirm if payment is active for the site through:

    checking the settings

    checking with implementations orders

    all of the above 

    checking if the payments tab is showing 

    30s
  • Q10

    From the 4 payments options discussed, give an example of one payment option.

    Users enter free text
    Type an Answer
    30s
  • Q11

    Which process workflow is used for card transactions?

    Question Image

    Bottom process workflow

    Both workflows are applicable

    Top process workflow

    30s
  • Q12

    There are only 4 return codes for ACH payments?

    True

    False

    30s
  • Q13

    This federal law enables banks to process digital images of checks, including IRDs, as legal substitutes for the original paper checks.

    Users enter free text
    Type an Answer
    30s
  • Q14

    Give one type of Software-Based E-money option.

    Users enter free text
    Type an Answer
    30s
  • Q15

    What is RDC?

    Users enter free text
    Type an Answer
    30s

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