Accounts Receivable and Co-Marketing Survey

A colorful illustration of accounts receivable concepts with marketing elements, showing invoices, clients, and vendors engaging in a cooperative relationship, with a professional and modern design.

Accounts Receivable and Co-Marketing Knowledge Quiz

Test your expertise on Accounts Receivable and Co-Marketing with our engaging quiz! This quiz is designed to assess your understanding of critical processes and regulations in the marketing finance sector.

8 multiple choice questions
Gain valuable insights into accounts receivable
Improve your knowledge of compliance and marketing strategies

8 Questions2 MinutesCreated by UnderstandingFinance537

Definition of Accounts receivable is ____

A. The proceeds or payment which the company will receive from its customers who have purchased its goods & services on credit.

B. The money owed to vendors or suppliers for goods or services purchased on credit.

C. People just randomly give us money because we are so awesome.

D. None of the above.

What day of the month does Accounts Receivable start invoicing for Clients (Agents)?

1st

15th

30th

5th

What day of the month does Accounts Receivable start invoicing for Vendor (Co-Marketing)?

1st

15th

30th

5th

After Clients (Agents)/Vendors have been invoiced when are their payments due?

A. 4 business days after being invoiced

B. 15 business days after being invoiced

C. 30 business days after being invoiced

D. 10 business days after being invoiced

If we receive more vendor partner dollars than our client is spending on marketing campaigns, we will:

A. Write them a check for the excess

B. Keep the money

C. Increase their campaign frequency to absorb the extra partner dollars

If a client gives their lender access to their CRM they can cover ___ of their RATE campaign costs:

50%

75%

100%

D. Both a and b

If a lender gives a realtor a gift in exchange for a referral (a violation of RESPA section 8) the average typical RESPA violation penalty is:

A. $94 per incident

B. $250 per incident

C. $4000 per incident

D. $184,427 per incident

We offer our clients an opportunity for RATE to manage their marketing vendor partners because:

A. We like extra work

B. It keeps their marketing dollars in-house and directed toward RATE campaigns.

C. It provides them protection against RESPA violations

D. It gives them opportunity to zero base the entire cost of their RATE ad campaigns.

E. B, C, and D

Accounts Receivable and Co-Marketing Survey

Accounts Receivable and Co-Marketing Knowledge Quiz

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