Payment card flow - Study guides, Class notes & Summaries

Back-end ratio - Answer The back-end ratio (or debt-to-income ratio) compares total debt to gross monthly income. The client's only debt is a $435 lease payment, so the $950 mortgage payment brings his total monthly debt to $1,385. He earns $50,000 per year, which equals $4,166.67 per month. The client's total current expenses divided by gross monthly income equals 52%. The client's combined current housing payment and car payment divided by gross monthly income equals 24%. Calculation: Deb...

Supply Chain - the flow of materials, information, money, and services from raw material suppliers, through factories and warehouses, to the end customers. Supply Chain Visibility - the ability of all organizations within a supply chain to access or view relevant data on purchased materials as these materials move through their suppliers' production processes and transportation networks to their receiving docks. Inventory Velocity - the speed at which a company can deliver products and ser...

ESB EXAM Study Guide Complete Questions (answered spring 2023) A beekeeper is analyzing the cash flow for his business for the prior year. What was the ending inventory value? A beekeeper wants to start a seasonal business renting hives to farmers to pollinate their orchards and crops. The beekeeper believes the business will cover its own costs after three months, and that start-up expenses for hives, trucking, and other costs through that same time will be $18,000. What is Total Financi...

RPB 102 EPIC Questions and Answers Guaranteed To Pass!! To add a new insurance to the system that dose not exist - ANS select a generic coverage and enter information from the card when creating a new coverage record in the system you must choose the correct ( 2 answers) - ANS payer and plan true or false a patient can have more then one guarantor account - ANS TRUE Guarantor account - ANS who will be paying coverage - ANS insurance (payer, plan) subscriber policy hol...

APRP Vocab Already Graded A+ ACH (Automated Clearing House) and Related Concepts - ACH: Automated Clearing House. - ACH Network: The backbone for electronic money movement and data processing, facilitating distribution and settlement of electronic credits, debits, and non-monetary entries among financial institutions. - ACH Operator: Central facility for clearing that receives entries from Originating Depository Financial Institutions (ODFIs) and distributes them to Receiving Depository ...

Oracle Payroll Certification Exam Questions With Answers | Latest Update 2023/2024 | 100% Correct. A worker's check has been returned to the company as it is damaged. This must be recorded in the application. What action should they take? A. Rollback the prepayment process for this employee. B. Change the check payment status from paid to void. C. Delete the check payment payment result. D. Change the check payment status from paid to cancelled. - ANSWER B. Change the check payment statu...

PCIP Study Guide 2023 Questions and Answers PA-DSS Payment Application Data Security Standard (POS, shopping carts, etc.) PTS (POI) Pin Transaction Security Point of Interaction Standard (Attended and Unattended Devices) HSM (PIN) Hardware Security Module Pin Standard (not required but may assist in becoming compliant) P2PE Point to Point Encryption Standard (Most helpful standard to reduce scope) SRED Secure Read and Exchange Module allows terminals to be appr...

PCIP Practice Questions and Answers 100% Correct PCIP Practice Questions and Answers 100% Correct PCIP Practice Questions and Answers 100% Correct Which 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 - ANSWER-Correct Answer: D Which of the following entities will actually approve a purchase? A. Non-Issui...

1. Which 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 - Correct Answer: D 2. 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 - Correct Answer: B 3. Which of the following lists the correct "order" for the flo...

PCI Data Security Standard (PCI DSS) The PCI DSS applies to all entities that store, process, and/or transmit cardholder data. It covers technical and operational system components included in or connected to cardholder data. If you accept or process payment cards, PCI DSS applies to you. Sensitive Authentication Data Merchants, service providers, and other entities involved with payment card processing must never store sensitive authentication data after authorization. This includes th...