Name: Cursus Fondamentaux des Moyens de Paiement
Start: 2023-01-20T09:00:00+01:00
End: 2023-01-20T17:30:00+01:00

Quiz Summary

0 of 10 Questions completed

Questions:

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 10 Questions answered correctly

Your time:

You have reached 0 of 0 point(s), (0)

Current
Review
Answered
Correct
Incorrect

Question 1 of 10

1. Question
What is a bank communication software ?
- A : A software application that allows a corporation to send payment instructions to the banks
- B : A software that banks use to exchanges information among themselves.
- C : A software application used by a corporation to receive payment reporting from the banks
- D : A software that banks use to exchanges information with clearing system.
Correct

Incorrect

Hint

Select all correct answers and click Submit
Question 2 of 10

2. Question
On which of the following systems do Back office operators usually work ?
- A: Payment Acquisition and Reporting systems
- B : Payment Order Management Systems
- C : Payment Exchange Systems
- D : All the three other answers.
Correct

Incorrect

Hint

Select best answer and click Submit
Question 3 of 10

3. Question
Cite few drawbacks of having many Payment Order Management (POM) systems
- A : It increases the overall risk for the bank
- B : The usage of many POMs brings the inconvenience of siloed view of payment orders.
- C : End users take more time for searches and investigations.
- D : All the three other answers
Correct

Incorrect

Hint

Select all correct answers and click Submit
Question 4 of 10

4. Question
What is typically the role of payment exchange hub in a bankgroup?
- A : It uses several communication protocols to exchange payments with the outside world.
- B : It usually handles different types of message formats
- C : It interconnects all banks of the Group among themselves and with the interbank systems.
- D : It is shared by many entities and therefore allows to reduce the costs.
Correct

Incorrect

Hint

Select all correct answers and click Submit
Question 5 of 10

5. Question
Why is a payment exchange platform a key asset in a bankgroup?
- A : Time saving because payments inside the bankgroup can move faster
- B : Cost saving because all the banks of the group can share the same connection to CSMs.
- C : Changes can be implemented faster since the platform is centralized.
- D : All the three other answers
Correct

Incorrect

Hint

Select best answer and click Submit
Question 6 of 10

6. Question
The PSR 2 is sent after which stage of the payment processing value chain?
- A : Acquisition.
- B : Reporting
- C : Order management.
- D : Exchange.
Correct

Incorrect

Hint

Select the best answer and click Submit
Question 7 of 10

7. Question
Why is the meaning of a successful Payment Status Report 3 ?
- A : The message containing the order(s) was acquired correctly.
- B : All the controls on the order(s) and transaction(s) were OK
- C : All transactions were exchanged successfully with receiving banks and CSMs
- D : The accounting is correct.
Correct

Incorrect

Hint

Select all correct answers and click Submit
Question 8 of 10

8. Question
When does reporting happen in a payment processing value chain?
- A : During or after Payment Acquisition.
- B : During or after the Payment Order Management
- C : During or after the Payment exchange
- D : At each main stage of the payment processing
Correct

Incorrect

Hint

Select best answer and click Submit
Question 9 of 10

9. Question
Which of the following can be used as protocol in the customer-to-bank communication?
- A: EBICS
- B: SWIFTNet
- C: FTP
- D: SFTP
Correct

Incorrect

Hint

Select all correct answers and click Submit
Question 10 of 10

10. Question
Which statements are correct about STP processing?
- A : It is an end-to-end automated processing performed without human intervention.
- B : It drives the costs down.
- C : It limits the manual process for employees and therefore speeds up the transaction processing time.
- D : It allows Bank employees to focus on more value-added tasks.
Correct

Incorrect

Hint

Select all correct answers and click Submit

01. PF Module 08 Quiz

Quiz Summary

Information

Results

Results

Categories

1. Question

Hint

2. Question

Hint

3. Question

Hint

4. Question

Hint

5. Question

Hint

6. Question

Hint

7. Question

Hint

8. Question

Hint

9. Question

Hint

10. Question

Hint