Payment card flow - Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

to add a new insurance to the system that dose not exist - 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) - payer and plan true or false a patient can have more then one guarantor account - TRUE Guarantor account - who will be paying coverage - insurance (payer, plan) subscriber policy holder generic coverage - the payer is not built into the system and must be added by the fr...

to add a new insurance to the system that dose not exist 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) payer and plan true or false a patient can have more then one guarantor account TRUE Guarantor account who will be paying coverage insurance (payer, plan) subscriber policy holder generic coverage the payer is not built into the system and must be a...

PCIP Exam questions with correct answers 100%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 authen...

Personal Finance, 6e (Madura) Chapter 1 Overview of a Financial Plan 1.1 How You Benefit from Personal Finance 1) Most Americans will never be able to understand and develop a personal financial plan. Answer: FALSE Diff: 1 Question Status: Previous edition 2) The simple objective of financial planning is to make the best use of your resources to achieve your financial goals. Answer: TRUE Diff: 2 Question Status: Previous edition 3) An understanding of personal finan...

Quickbooks online questions and answers latest updated 2023 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? It is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks o...

Statement of Cash Flows - Answer- Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities ...

Multiple Choice Identify the choice that best completes the statement or answers the question. 1. Which of the following should a medical assistant instruct a patient to do before a scheduled pulmonary function test? a. Consume dairy products in limited amounts c. Undergo a nebulizer treatment 3 hr before the test begins. b. Refrain from using bronchodilators. d. Perform a cardiac stress test prior to arrival. 2. Which of the following should a medical assistant use whe...

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 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 Which of the following lists the correct "order" for the flow of a paym...

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 approved for secure encryption of cardholder data. POI Ex...