Exam (elaborations)
PCIP PRACTICE QUESTIONS AND ANSWERS
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PCIP PRACTICE QUESTIONS AND ANSWERS
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PCIP PRACTICE QUESTIONS AND ANSWERSWhich of the below functions is associated with Acquirers?
A. Provide settlement services to a merchant
B. Provide authorization services to a merchant
C. Provide clearing services to a merchant
D. All of the options - Answers-Correct Answer: D
Which of the following entities will actually approve a purchase?
A. Non-Issuing Merchant Bank
B. Issuing Bank
C. Payment Transaction Gateway
D. Acquiring Bank - Answers-Correct Answer: B
Which of the following lists the correct "order" for the flow of a payment card
transaction?
A. Clearing, Settlement, Authorization
B. Clearing, Authorization, Settlement
C. Authorization, Clearing, Settlement
D. Authorization, Settlement, Clearing - Answers-Correct Answer: C
Service Providers include companies which_____________or
could______________the security of cardholder
data.
A. are PCI compliant, prove effective controls for
B. control, impact
C. manage, test
D. control, subrogate - Answers-Correct Answer: B
, QUESTION 21
Merchants involved with only e-commerce transactions that are completely outsourced
to a PCI DSS compliant
service provider would use which SAQ?
A. SAQ C/VT
B. SAQ B
C. SAQ D
D. SAQ A - Answers-Correct Answer: D
Imprint-Only Merchants with no electronic storage of cardholder data would use which
SAQ?
A. SAQ C/VT
B. SAQ B
C. SAQ A
D. SAQ D - Answers-Correct Answer: B
When a Service Provider has been defined by a payment brand as eligible to complete
a SAQ, which SAQ is
used?
A. SAQ D
B. SAQ B
C. SAQ A
D. SAQ C - Answers-Correct Answer: A
Information Supplements provided by the PCI SSC may "supersede" requirements.
A. True
B. False - Answers-Correct Answer: B
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