In individual competition, archers will be arranged in shooting groups called dae. The archer with the best score out of fifteen wins. In the case of a tie, there will be a playoff. In team competition, the top five archers from each jung will shoot one soon of five arrows. This is the quarterfinal event, usually involving eight jungs.
Certificates seem to be everywhere.
When it comes to traditional events, Koreans tend to be more geared to honors than to cash. Now would be a good time to explain Korean manners, both archery specific and general. Korea is a country with a very ordered society. This attitude comes from ancient Confucian teachings. You will find that many attitudes that are held in Western countries don't hold up in Asia.