Rescrow knowledge sharing 11 Apr'25

Rescrow knowledge sharing 11 Apr'25

Assessment

Flashcard

Professional Development

Hard

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6 questions

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1.

FLASHCARD QUESTION

Front

When is the point of escrow verified?

Back

Point in time when buyer acknowledges receipt of item or after return policy of 15 days period, whichever is earlier

2.

FLASHCARD QUESTION

Front

At escrow verified status, which entry is correct? Options: Cr Escrow payable to buyer, Dr Escrow payable to seller, Cr Escrow payable to seller, Dr Escrow payable to buyer

Back

Cr Escrow payable to seller

3.

FLASHCARD QUESTION

Front

In a normal order, at which order status can sellers withdraw their escrowed amount? Options: Escrow paid status, Escrow verified status, Order completed status, Order delivered status

Back

Escrow paid status

4.

FLASHCARD QUESTION

Front

Which of the following reports affect S1 GL balance?
(a) Normal receivables (NR)
(b) Escrow verified (EV)
(c) Refund verified (RV)
(d) Escrow adjustment (EA)
(e) Escrow payout completed (EPC)
(f) Wallet movement (WM)

Back

(a), (b), (c) and (d)

5.

FLASHCARD QUESTION

Front

Which of the following is a temporary difference for Mar'25 Snapshot Recon?
Xiao Ming bought a cabinet on Shopee platform. Order paid on 30 Mar'25 and EV on 5 Apr'25
Xiao Mei bought a toy on Shopee platform. Order paid on 27 Mar'25. After received the toy on 31 Mar'25, she requested for a return and refund, without clicking "Order Completed". The order status is pushed to "Return Accepted" and "Refund Verified" on 2 Apr'25.
Xiao Wei bought featured seller package on Shopee platfom. Order paid on 30 Mar'25 and EV on 1 Apr'25.
All 3 options

Back

Xiao Wei bought featured seller package on Shopee platfom. Order paid on 30 Mar'25 and EV on 1 Apr'25.

6.

FLASHCARD QUESTION

Front

An RRBOC order cannot be found in which report(s)? Refund verified (RV), Normal receivables (NR), Escrow adjustment (EA), None of these options (ie. can be found in all 3 reports)

Back

Escrow adjustment (EA)