PCI compliance validation is composed of four levels. Which of the following levels requires conducting an annual onsite evaluation?
A. Level 1
B. Level 2
C. Level 3
D. Level 4
Answer: A
Explanation: Level 1 merchants are required to pass an annual onsite compliance assessment. Level 2 and Level 3 merchants can complete the self-assessment questionnaire (SAQ); although submission of SAQ is not required. Level 4 merchant's compliance requirements are determined by the merchant bank.
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Answer the following statement true (T) or false (F)