Which elect - Study guides, Class notes & Summaries

H&R Block Income Tax Test (2023) || All Questions & Answers (100% Verified) H&R Block Income Tax Test (2023) || All Questions & Answers (100% Verified) A tax returner or claim for refund requiring a paid tax return preparer to determine eligibility for EITC, CTC/ODC/ ACTC, AOTC, and the head of household filling status may be subject to a maximum penalty, totaling what amount for failure to meet due diligence requirements if all four are claimed on a single tax return? - ANSWER - a,$2,120 ...

The end to hunting, gathering, and fishing of prehistoric people was due to Answer Development of agriculture The English explorer who gave England its claim to North American was Answer Cabot The first European to see Florida and sail along its coast was Answer Cabot Maps as a rule are Answer All subject to some sort of distortion Florida was originally settled by Answer Spain Which one of the following is not a reason why Europeans came to the New World? Answer To establish trad...

How should Humana agents respond to Medicare beneficiaries who want to know their new Medicare ID number? - Advise the beneficiary that any questions regarding their new Meidcare ID number must be directed to Medicare. Under which circumstances is it acceptable for an agent to complete an Agent Online Application (AOA) application on behalf of their client? - It is never acceptable under any circumstance for an agent to complete the AOA Application on behalf of their client, even if they re...

Abandonment - - Insurance company may choose to take damaged property and pay insured the value - Insured CANNOT surrender damaged property to insurance company Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the measures around it. (ex. Should we transfer it, retain it etc.) Admitted (standard or retail) Insurance companies - Regulated by the state, They often must subscribe to rating and form regulations of that state. Agent or Broker - "I...

Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Ind...

How long after being entitled to disability benefits will an individual be eligible to receive Medicare benefits? - Answer- 2 years What is the return of premium rider? - Answer- an increasing amount of term insurance that always equals the total of premiums paid up to the current point In a home healthcare benefit, all of the following are eligible expenses EXCEPT - Answer- blood transfusions All of the following are classifications of risk EXCEPT - Answer- non-nicotine Which of the...

Cynthia is turning 65 on July 5. Her Medicare Part A and Part B will be effective on July 1. Using her Initial Election Period (IEP), when can she submit an application for a Medicare Advantage or Prescription Drug plan? - ️️April 1 through October 31 Annual Election Period (AEP) is a time when. . . - ️️Consumers can elect to switch to a different plan or join a Medicare Advantage plan or Prescription Drug Plan. Mrs. Violet asks agent Bob where she can find the Star Rating for the ...

Who removes board members from office? -ANSWER by the appointing authority Can board members discontinue at any time? -ANSWER No, Members shall continue to serve until their successors are appointed. (Any vacancy shall be filled in the same manner as the original appointments.) How many make a quorum? -ANSWER 4 How many times do the board meet a year. -ANSWER twice a year, but no more than four times a year and shall elect a chair and a vice-chair among its members. What are the Re...

MULTIPLE CHOICE 1. In order to provide the optimum nursing care, it is important for the nurse to know that the standard of pain and paincontrol is best determined by which person? a. Physician b. Nurse c. Patient’s family d. Patient ANS: D Only the patient knows when pain occurs and what remedy relieves it. PTS:1 DIF: Cognitive Level: Knowledge REF: 127 OBJ:1 (theory) TOP: Pain Theory KEY: Nursing Process Step: Implementation MSC: NCLEX: Physiological Integrity: Ba...

A group conversion option may be used in all the following instances EXCEPT - a life-changing event, such as marriage, divorce, or childbirth. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? - To assist covered employees with the payment of medical expenses on a high deductible plan funded through pre-tax contributions. All of the following are characteristics of variable whole life EXCEPT - there is no guaranteed minimum death benefit. When should a buy-sell agree...