ACE ACORD Expert Messaging & Forms Implementation 2

Question 1

Which ACORD XML element is used to indicate the version of an ACORD message schema being used?

Accepted Answer

@xsi:schemaLocation

Answer

Answer

Answer

Question 2

When implementing ACORD IVANS eDocs & Messages, what is the purpose of the DocTypeDesc element?

Accepted Answer

Provides a human-readable description of the document type being transmitted

Answer

Specifies the MIME type of the attached document

Answer

Defines the encryption method for the document

Answer

Identifies the originating agency's document management system

Question 3

In ACORD ALDL (Agency-Level Data Level) implementations, which transaction type is used when a carrier sends updated policy data back to an agency management system?

Accepted Answer

Policy Download

Answer

Policy Add

Answer

Policy Change

Answer

Policy Inquiry

Question 4

What is the role of the SignonRq/SignonRs message pair in ACORD XML Real-Time transactions?

Accepted Answer

They establish and confirm authentication credentials before business transactions

Answer

They transmit policy application data

Answer

They encode binary attachments in Base64

Answer

They define the namespace prefixes for the transaction

Question 5

An ACORD 103 form is used primarily for which type of insurance submission?

Accepted Answer

Special Events Cancellation or Non-Appearance

Answer

Commercial General Liability certificate

Answer

Homeowners new business application

Answer

Garage policy endorsement request

Question 6

In ACORD XML, what does the MsgStatus element's MsgStatusCd convey when it returns a value of 'SuccessWithInfo'?

Accepted Answer

The transaction succeeded and additional informational messages are included

Answer

The transaction was rejected but supplemental data was returned

Answer

The system requires a follow-up SignonRq to continue

Answer

The response contains partial data due to a timeout

Question 7

Which ACORD standard governs the electronic exchange of certificates of insurance between agencies and certificate holders?

Accepted Answer

ACORD IVANS eDocs certificate delivery workflow

Answer

ACORD 25 mapped to ALDL download specs

Answer

ACORD XML Real-Time Certificate of Insurance transaction set

Answer

ACORD AL3 certificate record layout