CVA Documentation Review & Data Validation 2

Question 1

When validating a vendor's insurance certificate, which element is MOST critical to confirm first?

Accepted Answer

The certificate holder name matches the contracting entity

Answer

The certificate holder name must match the contracting entity to ensure the coverage applies to the correct party.

Question 2

A verification agent discovers that a submitted W-9 form lists a business name but no EIN or SSN. What is the correct action?

Accepted Answer

Flag the record as incomplete and request a corrected W-9

Answer

A W-9 without a TIN is incomplete and the submitter must provide a corrected form before processing can continue.

Question 3

Which data validation technique compares a submitted value against an acceptable range to detect outliers?

Accepted Answer

Range check

Answer

A range check verifies that a value falls within defined minimum and maximum boundaries.

Question 4

An employment verification request returns a 'no record found' result. What is the agent's BEST next step?

Accepted Answer

Contact the applicant to confirm employer details before re-querying

Answer

Confirming details with the applicant can reveal typos or name changes that allow a successful re-query.

Question 5

Which document type would a CVA use to verify an applicant's professional license status in real time?

Accepted Answer

A printout from the relevant state licensing board's website

Answer

State licensing board databases provide authoritative, real-time status and are the primary source for license verification.

(CVA) Certified Verification Agent Practice Test