Treasury Review Flashcards
Part ___________ of Title 31 of the Code of Federal Regulations provides the basis for most of the information contained in the Green Book
210
Form numbers _______________ may be used to enroll a consumer in Direct Deposit of Social Security benefits?
SF 1199A and SF 1200
What Form can the Federal Government use to enroll vendors in the FEDI program?
SF 3881
Form _____________ is used for reclamations
SF 133
Form ______________ is used for reclamation follow-ups
Fiscal Service 2942
The Federal Government uses _____________ when tracing a lost Federal Government Payment
Trace-Pay
The Federal Government uses FORM _____________ when tracing a lost Federal Government Payment
Fiscal Service 150.1
________ is the master list of financial institutions that receive Federal Government ACH payments
FOMF - Financial Organization Master File
Which of the following is not included in the addenda record of a Death Notification Entry (DNE)?
a. Date of Death
b. Social Security Number
c. Date of Enrollment
d. Amount of Payment
C - Date of Enrollment
Which of the following Federal Government payments is not subject to Reclamation?
a. Social Security Benefit
b. Veterans Benefit
c. Supplemental Security Income
d. IRS Tax Refund
D - IRS Tax Refund
How long does a Federal Government agency have to initiate a Notice of Reclamation?
120 days after receiving notification of death
What is the timeframe for response to a Notice of Reclamation?
60 days
For which of the following reasons can a Notification of Change not be done for a Federal Government benefit payment?
a. Change a Transaction Code
b. Change an account number
c. Correct an account number
d. Change name of beneficiary
D - Change name of beneficiary
A government agency benefit payments that is exempt from the Garnishment Rules will have ________ encoded in Positions 54 and 55 of the “Company Entry Description” Field of the Batch Header Record.
“XXX”
A Federal Tax Refund comes into your FI and shows up on your exception list because the savings account number is 232425 and there is no such savings account number. You should
a. Research and manually post the Entry
b. Research, manually post the Entry and send a NOC
c. Return the Entry R04
d. Look at the name on the Entry and cut them a check
C - Return the entry R04