EXAM QUIZZES WITH CORRECT ANS!!
Closed accounts may be reinstated as a _____________ account Answer -
Restricted
It is not permitted to make unauthorized charges to "use up" a credit Answer -
True
Reduced payment plan is a written agreement b/t cardholder and bank. It
provides an alt to Salary Offset Answer - True
Standard Travel Cards must be deactivated when not in a travel status Answer -
False
When the account is late between day 60 and 120, unless full payment is made
on the account, it will be closed and unusable. Answer - True
Refresher training and a newly signed Statement f Understanding (SOU) is
required every ________ years. Answer - Three
The Travel Card Program improves DON cash management at all levels while
enhancing individual unit readiness by using a widely accepted commercial
bank issued charge card. Answer - True
Which statement is NOT true regarding Mission Critical status? Answer -
Mission Critical status period cannot exceed 180 days