AAP ACH File Structure and Record Types 2

Question 1

In a NACHA ACH file, what is the 'blocking factor' and what value does it have?

Accepted Answer

The number of records per block; value is 10

Answer

The encryption level of the file; value is 128-bit

Answer

The maximum number of batches allowed; value is 999

Answer

The minimum transaction dollar amount; value is $0.01

Question 2

How is the 'Hash Total' in an ACH Batch Control Record calculated?

Accepted Answer

By summing the 8-digit RDFI routing transit numbers of all entries

Answer

By summing all dollar amounts in the batch

Answer

By counting the total number of entries and addenda records

Answer

By adding the debit and credit totals together

Question 3

What format does the 'Effective Entry Date' field use in the ACH Batch Header Record?

Accepted Answer

YYMMDD

Answer

MM/DD/YYYY

Answer

YYYY-MM-DD

Answer

MMDDYY

Question 4

What is the length of the 'Individual Name' field in an ACH PPD Entry Detail Record?

Accepted Answer

22 characters

Answer

15 characters

Answer

30 characters

Answer

35 characters

Question 5

In an ACH Entry Detail Record, the 'Transaction Code' field (2 digits) specifies which of the following?

Accepted Answer

The account type (checking/savings) and debit or credit direction

Answer

The SEC code for the transaction

Answer

The originating bank's Federal Reserve district

Answer

The priority processing level of the transaction

Question 6

What dollar amount must a 'Prenote' ACH entry always contain?

Accepted Answer

$0.00

Answer

$0.01

Answer

$1.00

Answer

Any amount under $1.00

Question 7

What fills the unused record positions at the end of an ACH file to satisfy the blocking factor requirement?

Accepted Answer

Records filled entirely with the digit '9'

Answer

Null bytes (0x00)

Answer

Space characters (0x20)

Answer

Records filled entirely with the digit '0'