Exam (elaborations)
PCIP PRACTICE EXAM QUESTIONS AND ANSWERS
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PCIP PRACTICE EXAM QUESTIONSAND ANSWERS
Which of the following functions are linked with acquirers?
A. Offer settlement services to merchants.
B. Offer authorization services to merchants.
C. Offer clearing services to merchants.
D. All the alternatives. - Correct Answer: D.
Which of the following entities will actually authorize a purchase?
A. Non-Issuing Merchant Bank
B. Issuing Bank
C. Payment Transaction Gateway
D. Acquiring Bank - Correct Answer: B.
Which of the following is the proper "order" for the flow of a payment card
transaction?
A. Clearing, Settlement and Authorization
B. Clearing, Authorization and Settlement
C. Authorization, Clearing and Settlement
D. Authorization, Settlement, and Clearing - Correct Answer: C.
Service providers include companies that_____________or
could______________the cardholder's security.
, data.
A. are PCI compliant, and demonstrate effective controls for
B. Control, Impact
C. manage and test.
D. control, subrogate - Correct Answer: B.
Question 16
Cardholder data can be stored in both "KNOWN" and "UNKNOWN" places.
A. True.
B. False - Correct Answer: A.
Storing track data "Long-Term" or "Persistently" may be permitted if
______________.
A. It is stored by issuers.
B. it is submitted to the PCI SSC annually in a report of compliance
C. It is encrypted by the merchant that stores it.
D. It is hashed by the merchant keeping it. Correct answer: A.
According to PCI DSS Requirement 3.4, the PAN shall be rendered unreadable
when stored using __________.
A. Encryption, Truncation, or Obfuscation.
B. Hashing, scrambling, or encrypting
C. Encryption, hashing, or truncation
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