Exam (elaborations)
HCCP/HCCP EXAM 2024!!
- Course
- Institution
HCCP/HCCP EXAM 2024!!
[Show more]
Content preview
Name: Score:33 Multiple choice questions
Term 1 of 33
When adding new members
Ignore the new members income when updating certification
Apply the available unit rule only if the new member is a minor
Verify and add the new members income to the most recent certification. Apply the
available unit rule if applicable to new household income
Add the new members income without verification
Definition 2 of 33
The states use ______ for local code for physical inspections
Local zoning regulations
Uniform physical conditions standards (UPCS)
National building codes
State tax laws
Term 3 of 33
Allocation rules are spelled out in a
Qualified allocation plan (QAP)
The allocation of credits and compliance monitoring
Using form 8823
State agencies or state allocating agencies
, Term 4 of 33
Who do we count in the house hold?
Live in attendants
Children who are Temporarily absent and placed in foster home
In joint custody who are present 50% of time
Away at school who live with family during school breaks
Being adopted
Unborn
Members temporarily away
Members in rehab
Future spouse or roommate
Foster children and adults
State agencies or state allocating agencies
An owner (partner) who has unlimited liability and is active in managing the firm.
Term 5 of 33
Limited Partnership (LP)
Facilitate the GP and LP relationship. Syndicator combine multiple projects into a single
fund, and then offer shares in the fund to individual investors
Verify and add the new members income to the most recent certification. Apply the
available unit rule if applicable to new household income
A partnership in which one or more partners have limited liability as long as at least one
partner (the general partner) has unlimited liability. The limited partners are passive
investors that cannot take an active role in the firm's management.
1. All adult household members are married and entitled to file a joint tax return
2. All adult household members are single parents with minor children
3. A household member receives TANF
4. A household member formerly received foster care assistance
5. A household member gets assistance from the JTPA or SIMILAR program
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller stuuviaa. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now