ACE ACORD Expert Messaging & Forms Implementation 5

Question 1

Which ACORD XML namespace prefix is conventionally associated with the ACORD P&C and Surety data model?

Accepted Answer

No prefix; ACORD elements use the default namespace

Answer

ACORD XML documents typically declare ACORD elements in the default namespace, so no prefix is used on ACORD-defined elements.

Question 2

An insurer's system rejects an ACORD Real-Time endorsement request with MsgStatusCd='Error' and ExtStatusCd='9001'. What should the agency system do first?

Accepted Answer

Log the error, display the ExtStatusDesc to the user, and halt automatic retry

Answer

On an Error response, the system should log the error code and description, present it to the user, and not auto-retry, as retrying an errored transaction may cause duplicate processing.

Question 3

What is the function of the ACORD 'WorkProduct' construct in the ACORD XML architecture?

Accepted Answer

Provides a container for documents and data that are collaboratively worked on across systems

Answer

WorkProduct is an ACORD XML container that holds related documents and data objects as they move through collaborative business processes across trading partners.

Question 4

In the ACORD IVANS eDocs standard, what does the 'DocClassCd' value 'PLCY' represent?

Accepted Answer

Policy declaration pages and policy documents

Answer

DocClassCd='PLCY' in ACORD IVANS eDocs identifies the document class as Policy documents, such as declarations pages and policy forms.

Question 5

Which ACORD form is the standard Vehicle Schedule used to list multiple vehicles on a commercial auto policy?

Accepted Answer

ACORD 137

Answer

ACORD 137 is the Vehicle Schedule form used to list individual vehicles covered under a commercial auto policy.

(ACE) ACORD Certified Expert Practice Test

(ACE) ACORD Certified Expert Practice Test

ACE ACORD Expert Messaging & Forms Implementation 5