Teller Certification Exam
To ensure you have mastered the essential skills and knowledge required to be an effective teller, we have prepared a comprehensive Teller Certification Exam. This exam will cover all the topics discussed in the lessons, including fund allotment, posting client transactions, general ledger transactions, error corrections, reverse payments, and reconciliation processes.
Exam Details:
- Time Limit: You have 45 minutes to complete the exam.
- Passing Score: A score of 80% or higher is required to pass.
- Questions: The exam consists of 24 questions.
- Aids for the exam: You can use CAMS and the course information.
Best of luck on your exam, and we look forward to certifying your proficiency as a skilled and knowledgeable teller!
Teller Certification Exam
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Question 1 of 24
1. Question
1 point(s)How can I reverse a repayment transaction?
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Question 2 of 24
2. Question
1 point(s)What is the first step in creating a fund allotment request?
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Question 3 of 24
3. Question
1 point(s)As a Teller, what is the first thing you must do each working day?
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Question 4 of 24
4. Question
1 point(s)What is the process for approving teller requests?
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Question 5 of 24
5. Question
1 point(s)Who is responsible for approving fund allotment requests?
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Question 6 of 24
6. Question
1 point(s)Arrange the steps in the correct order for creating a fund allotment request:
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Specify the purpose of the request.
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Select the type of request.
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Create the fund allotment request in the Wakandi Admin Panel.
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Admin approves the request.
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Question 7 of 24
7. Question
1 point(s)What steps are involved in making General Ledger transactions as a teller?
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Question 8 of 24
8. Question
1 point(s)How do I enter a cash depositor’s name correctly?
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Question 9 of 24
9. Question
1 point(s)Arrange the steps in the correct order for posting a savings transaction:
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Post the transaction.
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Verify client details.
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Enter transaction amount.
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Select transaction type.
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Question 10 of 24
10. Question
0 point(s)Is it possible to add the depositor’s name?
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Question 11 of 24
11. Question
1 point(s)Before posting a shares transaction, what must a teller verify?
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Question 12 of 24
12. Question
1 point(s)What is the first step in posting a receipt entry in the general ledger?
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Question 13 of 24
13. Question
1 point(s)Which type of entry involves both debit and credit transactions?
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Question 14 of 24
14. Question
1 point(s)Arrange the steps in the correct order for posting a payment transaction:
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Post the payment.
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Enter payment amount.
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Select payment account.
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Verify transaction details.
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Question 15 of 24
15. Question
1 point(s)How do I reconcile teller at the end of the day?
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Question 16 of 24
16. Question
1 point(s)What is the first step a teller should take to correct an error in a client transaction?
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Question 17 of 24
17. Question
1 point(s)Which action should be taken to remove an incorrect entry from the general ledger?
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Question 18 of 24
18. Question
1 point(s)Which action should be taken to remove an incorrect entry from the general ledger?
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Question 19 of 24
19. Question
1 point(s)Arrange the steps in the correct order for deleting an incorrect entry from the general ledger.
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Notify the admin.
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Delete the entry.
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Confirm deletion.
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Identify the incorrect entry.
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Question 20 of 24
20. Question
1 point(s)Where can I access the teller functionality in the system?
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Question 21 of 24
21. Question
1 point(s)What should a teller do after performing balance reconciliation?
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Question 22 of 24
22. Question
1 point(s)Which process involves comparing two sets of records to ensure accuracy?
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Question 23 of 24
23. Question
1 point(s)How can I view repayment details on the transactions page?
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Question 24 of 24
24. Question
1 point(s)Arrange the steps in the correct order for performing a balance reconciliation:
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Identify discrepancies.
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Verify transaction records.
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Compare with bank statements.
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Adjust balances.
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