Exam (elaborations)
RENT CALCULATION TEST QUESTIONS WITH COMPLETE SOLUTIONS
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RENT CALCULATION TEST QUESTIONS WITH COMPLETE SOLUTIONS
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RENT CALCULATION QUIZ QUESTIONSWITH COMPLETE SOLUTIONS
TruesorsFalse:sAsfamily'sshouseholdscompositionschanges.sAssasresult,sthesfamily'ssvouche
rschangessfromsasthree-bedroomsvoucherstosastwo-
bedroomsvoucher.sThesfamilysresidessinsasthree-bedroomsunit.sThesthree-
bedroomspaymentsstandardsmustsbesappliedsatsthesfirstsannualsreexaminations-
sans✔✔False
TruesorsFalse:sEarnedsincomesinsexcesssofs$480sofsfullstimesstudentss18sandsolders(whosar
esnotstheshead,sspouse,sorscohead)sissexcludedsfromsannualsincomes-sans✔✔True
TruesorsFalse:sActualsincomesfromsassetssisstosbesincludedswhensthestotalscashsvaluesofsalls
familysassetssiss$5,000s-sans✔✔True
TruesorsFalse:sThesincomesofsastemporarilysabsentsspousesmustsbesincludedsinsthesannualsi
ncomes-sans✔✔True
Truesorsfalse:sAsPHAsmaysestablishsasminimumsrentsofs$50s-sans✔✔True
Truesorsfalse:sInsthesHCVsprogram,sonlysadultspersonsswithsdisabilitiesscansqualifysforsthese
arnedsincomesdisallowances-sans✔✔True
Truesorsfalse:sLump-sumspaymentssaresalwaysscountedsassassetss-sans✔✔False
Truesorsfalse:sDisabilitysassistancesexpensessmaysbesdeductedsifstheysenablesasfamilysme
mberstosworksorsattendsschools-sans✔✔False
Truesorsfalse:sIncomesofsas17-year-
oldsmotherswhoshassquitsschoolstosworksbutsissstillslivingswithshersparentssissincludedsinsannu
alsincomes-sans✔✔False
Truesorsfalse:sThesInterestsonsthessavingssaccountsofsas7-year-
oldsboysissincludedsinsannualsincomes-sans✔✔True
Truesorsfalse:sAsPHAsmaysdenysasfamilystheschildscaresallowancesifstheresissansunemployeds
adultsfamilysmembersinstheshouseholdswhosmaysbesavailablestosprovidestheschildscares-
sans✔✔False
Truesorsfalse:sAsfamilysconsistssofsas61syearsoldsheadsofshouseholdsandshiss62syearsoldsspo
use.sTheirsannualsincomesiss12sK.sTheyshavesanticipatedsverifiedsmedicalsexpensessofs$1,
000.sThesfamily'ssadjustedsannualsincomesiss$10,960.s-sans✔✔True
, Truesorsfalse:sThesPHAsmustsestablishsaspaymentsstandardsforseachsunitssizes-
sans✔✔True
Truesorsfalse:sAsPHAsmaysadoptstwosorsthreesdifferentspaymentsstandardssforseachsbedroo
mssizeswithinsansFMRsareas-sans✔✔True
Truesorsfalse:sJeremysCookshassbeensreceivings$350spersmonthsinsTANF.sHesjustsenrolledsi
nsasqualifyingsstatestrainingsprogramsfromswhichshesissnowsreceivings$500sasmonth.sTANFs
benefitssended.sHeshassnosothersincome.sThesPHAsmustsexcludesthesentires$500sfromshiss
annualsincome.s-sans✔✔False
Truesorsfalse:sThesPHAsmustsexcludesallsamountssreceivedsfromsasHUD-
fundedstrainingsprograms-sans✔✔True
Truesorsfalse:sIfsasfamilyshasshadstheirswelfaresreducedsforsfraudsorsnoncomplianceswithsthes
welfaresdepartmentsseconomicsself-
sufficiencysprogram,sthesPHAsmustsincludesimputedswelfaresincomesinsthesfamily'ssrentscal
culations-sans✔✔True
Truesorsfalse:sAsdeferredsperiodicspaymentsfromstheslatesstartsofsTANFsbenefitssisstreatedsa
ssansassetsandsthereforesexcludedsfromsthesfamily'ssannualsincomes-sans✔✔False
Truesorsfalse:sThesaveragesbalancesforssixsmonthssissalwaysscountedsassthescashsvaluesofs
assavingssaccounts-sans✔✔False
TruesorsFalse:sOnlysdisabledsfamiliessareseligiblesforsasdisabilitysassistancesallowances-
sans✔✔False
TruesorsFalse:sFoodsstampsbenefitssaresincludedsinsannualsincomes-sans✔✔False
Truesorsfalse:sWhensincomesfromsemploymentsissannualized,sthesgrosssincomesissuseds-
sans✔✔True
Truesorsfalse:sAsfamilyscansqualifysforsmoresthansonesallowances-sans✔✔False
Whensnetsfamilysassetssaresgreatersthans$5,000,sincomesfromsassetssissbasedsupons-
sans✔✔Thesgreatersofsimputedsorsactualsincomesfromsassets
Verificationssusedsforsinterimsandsannualsrecertificationssaresvalidsfors-
sans✔✔AsperiodsdeterminedsbysPHAspolicy
Thesformulastosfindsthescashsvaluesofsassetssforscalculationsofsrentsiss-
sans✔✔Marketsvaluesminusscurrentsloansbalance,sifsany,sminussanticipatedsexpensesstosse
ll
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