KK# <> X#nd#t
Quiz
•
Professional Development
•
Professional Development
•
Easy
CS Xendit
Used 1+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Below are the things that KKI as master account able to do, except:
Withdrawing balance from deposit sub account
Withdrawing balance from withdrawal sub account
Exporting transaction report of PFAK
Removing API key from PFAK sub account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement is true?
PFAK can choose to receive payment from both of their sub accounts
PFAK can only receive payment from deposit sub account
PFAK can only receive payment from withdrawal sub account
PFAK can send money from both of their sub accounts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the flow that is implemented to safeguard end users` assets?
KKI will create 2 sub accounts for each PFAK
KKI will hold 70% from the amount and return the 30% to PFAK withdrawal sub account
KKI will initiate all PFAK transaction
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account will be used to receive transaction?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account will be used to send money to the end users?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following statement regarding withdrawal is correct:
KKI is allowed to add their bank account on deposit sub account despite the difference in legal name
All sub accounts will use KKI bank account for withdrawal purpose
PFAK is not allowed to add bank account on their withdrawal sub account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following statement about PFAK is correct:
PFAK can choose whether they want to affiliate with KKI or not based on their needs
PFAK will receive 3 sub accounts for their business needs
If PFAK is an existing merchant, their old BID will be migrated to deposit sub account and they will receive another BID for withdrawal sub account
PFAK can choose to send money to end users from any sub accounts that they have access to
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can PFAK choose which sub account they would like to activate and the other sub account will be automatically activated without submitting legal docs again?
Yes they can
Once any sub account is activated, the other sub account will be automatically activated as well
No they can't
PFAK need to activate both sub accounts one by one
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