Rim DRP Implementation Assessments Quiz
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Questions and Answers

  1. What tasks must be completed prior to scheduling a Platform initiation Meeting?

  • Forms
  • Pre-Onboarding questionnaires, Forms, GMF, GM payment services, Subdomains, Training, D2C2 onboarding, Pre-prod spun up, Kick off meeting.
  • Assign Champions
  • All of the above (correct)

    • Which statement accurately describes the difference between User Setup and Roles?

  • User Setup includes account creation, whereas Roles do not affect user access.
  • User Setup is about interface customization, while Roles deal with data access levels.
  • User Setup is assigning which person has which role, and roles allow you to determine what permission each role has. (correct)
  • User Setup involves defining system permissions, while Roles are user classifications.

    • When is it recommended to create a custom role in DRP?

  • When one user need to have access to multiple permissions (correct)
  • When the user's job function does not fit existing roles
  • When there are too many active users in the platform
  • When all standard roles have been utilized

    • What is Deal Gathering?

    <p>When you ask for funded deals and also walk the dealer through desking a deal in their home DMS to ensure all up numbers align properly in both systems.</p> Signup and view all the answers

    Which questions are essential to ask during deal gathering?

    <p>Do you discount your vehicles?</p> Signup and view all the answers

    What distinguishes a Capped Fee from an Upfront Fee?

    <p>Capped Fees are limited to specific amounts, while Upfront Fees are charged at the beginning.</p> Signup and view all the answers

    What does the Cashiering Tab allow users to manage effectively?

    <p>Financial transactions related to deals</p> Signup and view all the answers

    When conducting a Loan Deal gathering which of the following items should not be visible?

    <p>Customer PII</p> Signup and view all the answers

    Which of the following options is NOT a key component of the integration activation process?

    <p>Fee Structure</p> Signup and view all the answers

    Deal Gathering includes assessing whether fees are capped or upfront.

    <p>True</p> Signup and view all the answers

    What is the significance of roles in the user setup process?

    <p>Roles determine the access levels and permissions for users within the system.</p> Signup and view all the answers

    The purpose of the __________ tool is to set default values in Sales Setup.

    <p>Default Values</p> Signup and view all the answers

    Match the terms related to DMS Integration with their processes:

    <p>Integration Activation = Enables data exchange between systems Deal Validation = Ensures deals align with expectations Lead Management = Organizes and follows up on potential buyers Fee Categorization = Classifies fees based on their structure</p> Signup and view all the answers

    What is the primary purpose of reviewing fees during a deal process?

    <p>To determine the financial implications for the dealer</p> Signup and view all the answers

    It is acceptable to show customer PII during loan deal gathering.

    <p>False</p> Signup and view all the answers

    Explain the concept of Cap Cost Reduction?

    Signup and view all the answers

    Study Notes

    Rim DRP Implementation Assessments

    • Section 1: Key Components

      • Pre-Onboarding/Platform Initiation Meeting
      • User Setup
      • Notifications
      • Roles
      • Integration Activation
      • Deal Gathering/Deal Validation

    • Section 1 Quiz

      • Question 1: Tasks before scheduling a Platform initiation Meeting

        • Forms
        • Pre-Onboarding questionnaires, Forms, GMF, GM payment services, Subdomains, Training, D2C2 onboarding, Pre-prod spun up, Kick off meeting.
        • Assign champions
        • All of the above

      • Question 2: Difference between User Setup and Roles

        • Roles defines permissions for each role
        • User setup assigns individuals to roles

      • Question 3: When to use a custom role in DRP

      • When a user needs access to multiple permissions

    • Section 1 Quiz (Continued) - Question 4: Detail of DMS Integration Activation Process - Question 5: Definition of Deal Gathering - Gathering information about funded deals, and ensuring consistency in the dealer's home DMS and DRP.

        - **Question 6:** Questions during Deal Gathering
  	- Are fees capped or upfront?
  	- Do discounts apply?
  	- How many fees are involved?
  	- Are standard accessories offered?
  	- Does the dealer offer a free car wash?

  - **Question 7:** GM DRP Deal Validation matching CRM
  	-  False

  - **Question 8:** Items not visible during a Loan Deal gathering
  	- Customer PII
  - Sale price
  - Monthly payment
  - Total tax amount

  - **Question 9:** If unable to view financed/adjusted amount
  	- Request to view values in dealer's DMS

    Section 2: Key Components

    • Retail/CRM Settings

    • Leads

    • F&I Settings (Lender Setup, Forms, F&I)

    • Section 2 Quiz

      • Question 1: Questions for reviewing fees

        • Is this fee taxed?
        • Does this apply to a lease?
        • Is the fee capped or upfront?
        • All of the above

      • Question 2: Purpose of Default Values tool in Sales Setup

      • Question 3: Control of Working Cash Toggles for leases

      • Question 4: DRP integration for tax and fee calculation

      • Question 5: Comparison between Capped and Upfront Fees

      • Question 6: Definition of Cap Cost Reduction

    Section 3: Key Components

    • Desking

    • Credit Tab

    • Recap Tab

    • Documents Tab

    • Cashiering Tab

    • Concierge

    • Integrations

    • Section 3 Quiz

      • Question 1: DRP's ability to use leads from CRM
      • Yes
      • Question 2: Manipulating Tax Rates on a Deal-by-Deal Level
      • No
      • Question 3: Loan/Lease rates from outside sources
      • False, they use default rates in Sales Setup
      • Question 4: Ipad Casting availability
      • F&I Menu, Document Display, Use Car Trade-In

    Section 4: Key Components

    • Vehicle Inventory

    • Section 4 Quiz

      • Question 1: GM System for inventory, pricing, and imagery
      • Question 2: Adding a vehicle to DRP not in DMS
      • Question 3: Marking inventory ineligible for CarBravo
      • Question 4: Presence of vehicle recalls in DRP

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    Related Documents

    RIM Implementation Assessment Questions 2024 PDF

    Description

    Test your knowledge on the key components of the Rim DRP implementation process. This quiz covers user setup, roles, notifications, and integration activation. Dive into specific tasks and scenarios to reinforce your understanding of the system.

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