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AAFM COURSE BLOCK 1 STUDY QUESTIONS WITH ANSWERS

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AAFM COURSE BLOCK 1 STUDY QUESTIONS WITH ANSWERS These markings are a visual precursor and are intended to prevent runway incursions. They are optional. ANSWER Enhanced hold position markings These markings identify the location for aircraft to hold short of an intersecting taxiway or taxiLane on an apron. ANSWER Intermediate hold positions By how many inches should you interrupt a taxiway or taxilane centerline when marking intermediate hold positions? ANSWER 6 inche...

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AFM 121 MIDTERM WITH CORRECT ANSWERS

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AFM 121 MIDTERM WITH CORRECT ANSWERS What is the vital function of financial markets? ANSWER Help facilitate transfer of capital What are the three components of the wealth transfer process? ANSWER Financial instruments (what is actually bought / sold) Financial markets (facilitating / buying financial instruments) Financial intermediaries (people / companies involved in financial instruments and markets) What is capital made up of? ANSWER Capital is made up of gov...

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AAMC FREE EXAM QUESTIONS AND ANSWERS

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AAMC FREE EXAM QUESTIONS AND ANSWERS Le Chatelier's Principle ANSWER States that if a stress is applied to a system at equilibrium, the system shifts in the direction that relieves the stress. Bose-Einstein Principle ANSWER states that a collection of atoms cooled close to absolute zero will coalesce into a single quantum state Heisenberg uncertainty principle ANSWER States that one cannot known both the momentum and position of an object with absolute certainty Pa...

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AAMC SITUATIONAL JUDGMENT TEST PRACTICE EXAM

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AAMC SITUATIONAL JUDGMENT TEST PRACTICE EXAM I ANSWER During class, your professor observes you participating in a role-play exercise with one of your classmates. You are acting as a doctor, and your classmate is acting as an angry patient. The role-play is tense but stays on course. You think you performed well, but, after class, your classmate gives you unexpected negative feedback that you missed several opportunities to comfort the patient and calm the situation. You are now...

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AAMC PRACTICE TEST 1 WITH CORRECT ANSWERS

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AAMC PRACTICE TEST 1 WITH CORRECT ANSWERS paper chromatography ANSWER method of separating a mixture of different colours. The liquid soaks through the paper and carries the mixture with it. Some substances are carried faster than others so the substances are separated along the paper *WATER ABOSORBED ON CELLULOSE BY HYDROGEN BONDS. Rf ANSWER ratio of distance traveled for paper and thin layer chromatography. (distance traveled by pigment/ distance traveled by solvent fo...

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AAP FLASHCARDS WITH CORRECT ANSWERS

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AAP FLASHCARDS WITH CORRECT ANSWERS A company or individual that has been authorized by the Receiver to initiate either a credit or debit ACH entry to their account. ANSWER Originator A financial institution that receives payment instructions from Originators and forwards the entries to the ACH Operator. ANSWER Originating Depository Financial Institution (ODFI) ACH Payment Transaction are accumulated throughout the day, sent to the ACH Operator, sorted by destination, ...

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AAP PRACTICE EXAM QUESTIONS AND ANSWERS

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AAP PRACTICE EXAM QUESTIONS AND ANSWERS Reinitiated entries must be identified by 'RETRY PYMT' in the ANSWER Company Entry Description field if an ODFI receives a letter from NACHA regarding an Originator that has exceeded the Unauthorized Return Rate Threshold, it must respond within ANSWER 10 banking days which rule or regulations governs the processing of federal government ACH payments ANSWER title 31 code of federal regulations part 210 A con...

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ACH AAP STUDY GUIDE QUESTIONS AND ANSWERS

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ACH AAP STUDY GUIDE QUESTIONS AND ANSWERS ACH AAP STUDY GUIDE QUESTIONS AND ANSWERS R37 ANSWER Reason code used by RDFI when the source document for an ARC has been presented for payment 2 times ANSWER How many times can ODFI reinitiate a POP transaction when it is returned for either R01(insufficient funds) or R09 (uncollected funds) 1. Manually post the entry 2. Manually post the entry and initiate a Notification of Change (NOC) 3. Return the ent...

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AAP CORRECT QUESTIONS AND ANSWERS

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AAP CORRECT QUESTIONS AND ANSWERS What are the primary functions of NACHA? ANSWER manages the development, administration, and governance of the ACH Network. Who are the ACH Operators? ANSWER EPN or FRB What is the function of the ACH Operators? ANSWER central clearing facility for the clearing, delivery and settlement of entries between and among participating DFIs. Which Regulations govern FEDWIRE funds transfer? ANSWER Reg J, Subpart B, UCC4A, Reg CC, BSA, OFAC, Fe...

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AAP PRACTICE EXAMS FULL QUESTIONS AND ANSWERS

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AAP PRACTICE EXAMS FULL QUESTIONS AND ANSWERS 1. The ____________________ is a processing and delivery system that provides for the distribution and settlement of electronic credits and debits among financial institutions. ANSWER ACH Network 2. The ACH movement began in the early ____________________ when a group of California bankers formed the Special Committee on Paperless Entries (SCOPE). ANSWER 1970s 3. In 1974, __________________was formed to coordinate the ACH m...

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