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A detailed and engaging illustration showing property assets, income calculations, and eligibility criteria, incorporating elements like houses, money, and graphs that represent financial concepts.

Understanding Property and Income Quiz

Test your knowledge on real property, income calculations, and eligibility criteria with this comprehensive quiz. Covering 50 questions, this quiz is designed to assess your understanding of various topics related to properties, expenses, and income verification.

Key features of this quiz:

Multiple choice questions
Covering essential topics in property and income
Immediate scoring and feedback

50 Questions12 MinutesCreated by CalculatingExpert257

REAL PROPERTY IS ANYTHING THAT CAN BE MOVED

True

False

(BLANK) IS THE SUB-MODULE WHERE YOU CAN SEE ELIGIBLITY DETERMINATION AND BENEFIT AMOUNTS

COMPLIANCE TRACKING

ELIGIBILITY HISTORY

WRAP UP

ELIGIBILITY RESULTS PAGE

CHAPTER 2800 OF THE PPM/HCPPM DISCUSSES RESOURCES

True

False

DEPENDENT CARE EXPENSES ARE ALLOWED FOR ANY REASON IF THERE IS ONLY 1 PARENT AND A CHILD IN THE HOME

True

False

PETE WORKS FOR MR HOOPER'S STORE EARNING $9 PER HOUR AND WORKS 37 HOURS WEEKLY. IF HE IS PAID BI-WEEKLY, HOW MUCH DOES HE EARN?

1366.71

1390.90

1431.90

1466.71

PETE STARTS A SECOND JOB AS ELMO'S SITTER 3 TIMES A WEEK. HE IS PAID 50 EACH WEEK, WHAT IS HIS MONTHLY INCOME?

200

230

245

215

SHELTER AND UTILITY EXPENSES ARE ONLY ALLOWED FOR SNAP BUDGETS?

True

False

COUNTABLE RESOURCES MUST BE

EXEMPT

AVAILABLE

INCLUDED

VERIFIED

BANK BALANCES ARE ENTERED ON THE LIQUID ASSETS SUMMARY PAGE

True

False

PLASMA DONATION IS CONSIDERED A UNEARNED INCOME TYPE

True

False

IN OREDER FOR MEDICAL EXPENSES TO BE COUNTED IN THE SNAP BUDGET, THE CLIENT MUST BE EITHER DISABLED OR AGED

True

False

THE COUNTABLE VALUE OF A VEHICLE IS DETERMINED BY

LOAN AMOUNT MINUS INTEREST

FAIR MARKET VALUE MINUS MONTHLY PAYMENT

LOAN AMOUNT MINUS FAIR MARKET VALUE

FAIR MARKET VALUE MINUS LOAN AMOUNT

WHAT ARE KEY TERMS WHEN WORKING WITH RESOURCES

PURCHASE DATE

OWNER

AVAILABILITY

VALUE

THERE ARE FIVE STAGES FOR AN APPLICATION'S LIFECYCLE

True

False

MEDICAL EXPENSES COUNT IN AN MCCA BUDGET?

True

False

ALL PERSONAL PROPERTY IS REAL PROPERTY

True

False

REAL OR PERSONAL PROPERTY THAT IS SOLEY OR JOINTLY OWNED IS A

ESTATE

TRUST

RESOURCE

EXEMPTION

ALL MAGI INCOME MUST BE ENTERED ON THE

EARNED INCOME DETAILS SCREEN

UNEARNED INCOME DETAILS SCREEN

MAGI INCOME DETAILS PAGE

MAGI SUMMARY PAGE

YOU WOULD USE PEND TO ENTER IN HISTORICAL INFORMATION

True

False

YOU SHOULD USE THE FIRST MOMENT OF THE FIRST DAY OF THE MONTH WHEN ENTERING BANK BALANCES

True

False

JILL IS PAID TWO TIMES A MONTH, SHE IS PAID

BIWEEKLY

SEMI-MONTHLY

MONTHLY

EVERY OTHER WEEK

INTERFACES CAN BE USED TO VERIFY

STUDENT INCOME

EARNED INCOME

UNEARNED INCOME

ALL INCOME TYPES

YOU CAN FIND GROSS SSI PAYMENT INFORMATION ON THE BENDEX INTERFACE

True

False

YOU CAN ENTER DAILY INCOME PAYMENTS INTO THE SYSTEM BY

EACH DATE

ADDING TOGETHER WEEKLY

ADDING TOGETHER MONTHLY

AS ONE TIME ONLY

SELF EMPLOYMENT CAN BE VERIFIED WITH BUISNESS RECORDS

True

False

THE AVS OBTAINS ELECTRONIC RESOURCE VERIFICATIONS FOR WHICH CATEGORIES

MED 1 AND 3

MED 1 AND 4

MED 3 AND 4

MED 1, 3 AND 4

AVS RESULTS CAN BE SUCESSFULLY REBUTTED

True

False

PETE IS PAID BIWEEKLY 3 TIMES IN MAY, HOW MANY PAYS DO WE ENTER INTO THE SYSTEM?

THE FIRST TWO

THE LAST TWO

THE FIRST AND THE LAST ONLY

ALL OF THEM

YOU CAN FIND THE DEFINITION OF SELF EMPLOYMENT WHERE IN POLICY

3410.00.00

3410.00.05

3410.05.00

3410.05.05

AN S-CORPORATION IS A TYPE OF SELF-EMPLOYMENT

True

False

WHAT TAX SCHEDULE IS NEED TO VERIFY SELF-EMPLOYMENT

BUILD WORKSHEET IS USED WHEN ENTERING

INCOME

RESOURCES

EXPENSES

ALL OF THE ABOVE

WHICH ARE TYPES OF INCOME PRODUCING RESOURCES

CATTLE

RENTAL PROPERTY

INVENTORY

A COMBINE

YOU CAN PROCESS A CASE WITHOUT EXPENSES BEING RETURNED

True

False

ALL STUDENT INCOME IS EXEMPT

True

False

POLICY REGARDING INCOME FROM A TRUST PROPERTY CAN BE FOUND WHERE IN THE PPM

2805.15.00

2805.15.05.10

2810.25.05

2810.25.05.05

PETE RECEIVED A $200 PAYCHECK ON 11/3, WAS NOT PAID ON 11/17 AND THEN RECEIVED A $300 PAY ON 11/30 - WHAT IS HIS GROSS MONTHLY INCOME?

$527.50

$537.50

$547.50

$557.50

WHICH OF THE FOLLOWING ARE A TYPE OF VEHICLE?

CAR

BOAT

SNOWMOBILES

HORSE AND BUGGY

MAGI INCOME PRINCIPLES DETERMINE INCNOME ELIGIBILITY FOR MA D

True

False

WHICH SUA IS USED WHEN THE CLIENT ONLY PAYS SEWAGE

SUA 1

SUA 2

SUA 3

SUA 4

IN KIND EARNINGS INCLUDE TIPS

True

False

PETE RECEIVED FOUR PAYS FOR 675.99, 723.87, 321.74 AND 682.93 - HOW MANY PAYS WILL BE USED IN THE BUDGET

IF JOB TERMINATION IS NOT VERIFIED, THE INCOME WILL REMAIN ACTIVE IN THE CASE

True

False

TYPES OF MAGI EXPENSES INCLUDE

STUDENT LOAN INTEREST

CHILD SUPPORT

IRA DEDUCTIONS

ALIMONY

WHAT SCREEN IS PROPERTY TAX ENTERED ON

HOUSEHOLD EXPENSE DETAILS

SHELTER EXPENSE SUMMARY

SHELTER EXPENSE DETAILS

HOUSEHOLD EXPENSE DETAILS

A DOCTOR'S WRITTEN STATEMENT IS SUFFICIENT VERIFICATION OF DISABILITY

True

False

RESOURCE SCREENS COME AFTER COMPLIANCE SCREENS IN THE DRIVER FLOW

True

False

YOU CAN UTILIZE THE MISSING PAYCHECK CALCULATOR LOCATED IN (BLANK) TO DETERMINE A GROSS MISSING PAY

IEDSS ONLINE HELP, EV-RIT

IEDSS ONLINE HELP, RESOURCES

IEDSS ONLINE HELP, REFERENCES

IEDSS ONLINE HELP, DATA COLLECTIONS PAGES

CHILD SUPPORT IS ENTERED ON THE PARENT'S UNEARNED INCOME DETAILS PAGE

True

False

PETE RECEIVED A CHRISTMAS BONUS ON HIS PAYCHECK, HOW IS IT ENTERED INTO THE SYSTEM

LISTED ON IT'S OWN PAGE AS ONE TIME ONLY

LISTED ON SAME DETAILS PAGE, AND ENTERED NORMALLY

LISTED ON SAME DETAILS PAGE AND SKIPPED

ONLY THE REGULAR PAY WOULD BE ENTERED

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Understanding Property and Income Quiz

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