Understanding Phoenix Systems

In PHOENIX there are 3 KEY ELEMENTS, name all of them:

• 1. Business Rules

  2. Deviation

  3. Authority

• 1. Workflow

  2. Authority

  3. Deviation

• 1. Business Rules

  2. Workflow

  3. Authority

• 1. Workflow

  2. Deviation

  3. User Account

Applications which are Unsecured and less than or equal to 50,000 will go to:

• RFC

• RFSC

• DLLG

• LAP/ADP

Choose from the selection below which best describes a QCL application:

• Cash Loan Unsecured up to 50,000

• Secured Financing Loan up to 100,000

• Cash Loan Secured up to 80,000 only.

• Cash Loan Secured up to 100,000 only

Choose the correct sequence for RFC Loan Approval Workflow:

• 1. Verification

  2. Risk Assessment

  3. CI

  4. Recommendation

  5. Validation

  6. Approval

  7. Offer

• 1. Verification

  2. Risk Assessment

  3. Validation

  4. Approval

  5. Offer

  6. Disbursement Request

  7. Drawdown

• 1. Verification

  2. Risk Assessment

  3. CI

  4. Recommendation

  5. Approval

  6. Loan Offer

  7. Print PN

• 1. Encode in LAP

  2. CI

  3. Recommendation

  4. Approval

  5. Validation

  6. Loan Offer

  7. Drawdown

Select who is the correct Approver for the following Application: Total Amount is 70,000 and No Deviation

• BM

• DM

• RM

• RCO

Select who is the correct Approver to the following Application: EMR Region, Total Amount is 680,000 with Deviation Level 1.

• BUH

• COO

• RM

• CH

Select the Correct Approver to the following Application: SMR Region, Total Amount is 100,000 without Deviation

• BUH

• RM

• DM

• COO

Select the correct Approver to the following Application: NLR Region, Total Amount: 1,005,000, with Level 1 Deviation

• COO

• BUH

• CH

• RM

Select the Correct Approver for the following Application: SLR Region, Total Amount is 600,000 with Level 2 Deviation

• COO

• BUH

• RM

• CH

Select the Correct Approver for the following Application: NMR Region, Total Amount is 1.2M with Level 2 Deviation

• RM

• BUH

• COO

• CH