Track income item - Study guides, Class notes & Summaries
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HUD Housing Counseling| 115 Questions | Correct 100%
- Exam (elaborations) • 11 pages • 2024
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Which document should the counselor review with the client to identify spending habits and track expenses? 
 
A. Credit report 
B. Pay stubs 
C. Bank Statement 
D. Tax returns - ANSWER Bank Statement 
 
Which additional information would the housing counselor need to prepare a household budget for this client? 
 
A. Net Income 
B. Lease Documentation 
C. Credit Score 
D. Bankruptcy Discharge - ANSWER Net Income 
 
Which item in the client's budget is a fixed expense? 
 
A. Food 
B. Gasoline 
C....
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HUD Housing Counselors Midterm Exam With Complete Solutions Graded A+ 2024.
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Track Income Item to include in budget - Answer Regular Salary, Temporary Jobs, Unemployment compensation, Public assistance 
 
Track Income Items not to include in budget - Answer Pre-tax payroll deductions (Retirement funds, Flexible Spending account. 
Credit Score 
 
Documents to use for income - Answer Paychecks, Direct Deposit Slips * If self-employed, Income and expense sheets 
Additional income checks or cash 
Government benefits letters (SSI, unemployment, etc) 
 
Track Expenses It...
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HUD Housing Counseling (HUD Housing Counseling Certification Exam) Latest Questions With Correct Answers.
- Exam (elaborations) • 10 pages • 2023
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HUD Housing Counseling (HUD Housing Counseling Certification Exam) Latest Questions With Correct Answers. 
 
Which document should the counselor review with the client to identify spending habits and track expenses? 
 
A. Credit report 
B. Pay stubs 
C. Bank Statement 
D. Tax returns 
Bank Statement 
Which additional information would the housing counselor need to prepare a household budget for this client? 
 
A. Net Income 
B. Lease Documentation 
C. Credit Score 
D. Bankruptcy Discharge 
Net I...
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QuickBooks 236 Study Guide Questions And Answers| Guaranteed A+
- Exam (elaborations) • 16 pages • 2024
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___ are forms that reduce the amount due from customers - ️️credit memos 
___ tracks vendor transactions by appropriate customer or job - ️️job costing 
____ Items are used on sales forms to calculate the amount of sales tax due on each sale - ️️Sales Tax 
____ resets the beginning balance to the previous period but does not make changes to the bank service charges or the interest income from the previous period - ️️Undo Previous Reconciliation 
_____Terms calculate the due date ...
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HUD Test 1 Correct Questions & Answers(GRADED A+)
- Exam (elaborations) • 17 pages • 2024
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Which document should the counselor review with the client to identify spending habits and track expenses? - ANSWER Bank Statement 
 
Which additional information would the housing counselor need to prepare a household budget for this client? - ANSWER Net income 
 
Which item in the client's budget is a fixed expense? - ANSWER Car lease payment 
 
What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - ANSWER 50% 
 
Which is the max...
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QuickBooks Practice Test 100 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 37 pages • 2024
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QuickBooks Practice Test 100 Questions with Verified Answers 
 
During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? 
a. Sales taxes 
b. Inventory 
c. Progress Invoicing 
d. All of the above - CORRECT ANSWER ALL of the above 
 
During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? 
 
a. Administrator 
b. External Accountant 
c. You cannot setup passwords during the EasyStep interview 
d. Al...
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Accounting Crash Course Exam V4 Wall Street Prep Exam Questions with complete Answers | Latest Updated 2024/2025 | Graded A+.
- Exam (elaborations) • 63 pages • 2024
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Accounting Crash Course Exam V4 Wall Street Prep Exam Questions with complete Answers | Latest Updated 2024/2025 | Graded A+. What is Accounting?: Accounting is the language of business; it is a standard 
set of rules for measuring a company's financial performance. 
Assessing a company's financial performance is important for: 
The firm's officers (managers and employees) 
Investors 
Lenders 
General public 
Standard financial statements serve as a "yardstick" of communicating financial 
p...
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HUD Housing Counseling Questions with complete solution 2023/2024
- Exam (elaborations) • 11 pages • 2024
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HUD Housing Counseling Questions with complete solution 2023/2024Which document should the counselor review with the client to identify spending habits and track expenses? 
 
A. Credit report 
B. Pay stubs 
C. Bank Statement 
D. Tax returns - correct answer Bank Statement 
 
Which additional information would the housing counselor need to prepare a household budget for this client? 
 
A. Net Income 
B. Lease Documentation 
C. Credit Score 
D. Bankruptcy Discharge - correct answer Net Incom...
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QuickBooks Certification Exam Study Guide 125 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 13 pages • 2024
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QuickBooks Certification Exam Study Guide 125 Questions with Verified Answers 
 
Why would you hide or collapse sub accounts on a report? - CORRECT ANSWER To temporarily hide unnecessary detail and hide parent accounts 
 
What should you do after you click save & close on a customer credit memo? - CORRECT ANSWER Choose between retained as an available credit, give a refund or apply to an invoice 
 
Which of the following CAN be memorized in quickbooks? - CORRECT ANSWER check 
 
Which is NOT show...
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ACCT 4251 - 200+ QuickBooks ProAdvisor Certification Exam Questions & Answers (UPDATED) Assured A+.
- Exam (elaborations) • 41 pages • 2023
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ACCT 4251 - 200+ QuickBooks ProAdvisor Certification Exam Questions & Answers (UPDATED) Assured A+. 
Exam Duration: 2 to 3 hours 
Total Sections: 5 
Total number of Questions: 75 
Minimum Passing Score: 90% in each Section Certification 
Question (1):- When you send a QuickBooks report to Excel, which features allow you to 
choose what sections of the report to collapse? 
Answer: Auto outline. 
Question (2):- What is the purpose of an Audit Trailreport? 
Answer: 
Track any changes and deletions ...
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