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1. What is the Sigis website address?
A
www.sigis.gov
B
www.sigis.com
C
www.sig-is.org
2. What does the 90% in the 90% Rule mean?
A
merchants who are 90% to being vested
B
merchants whom sales are 90% Prescriptions and or over-the-counter medication
C
merchants who have 90% cash sales for any medication
3. ________ can be on the 90% program
A
POS Systems
B
Terminals
C
Both POS Systems and Terminals
4. Merchants will receive confirmation of approval from the SIGIS group typically within _____ business days via email.
A
10
B
15
C
20
5. What is the cost to be a SIGIS member?
A
$100
B
$150
C
$200
6. There is a reinstatement fee of how much, besides the anual fee, if a pharmacy merchant forgets to renew thier Sigis membership?
A
$50
B
10% of anual volume
C
$150
7. What happens if the merchant’s annual contract with SIGIS expires?
A
They are up creek without a paddle
B
The verification process must be completed again
C
There is a reinstatement fee as well as the anual membership due
8. If the merchant owns multiple businesses that have different Federal Tax IDs, they must
A
pay for membership for each business with different Tax IDs seperately.
B
confirm their structure with SIGIS to determine if more than one membership is required.
C
pay for one membership for each business with the same name under the same owner.