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- Q1
What are the three repayment agreement types?
Tenant, None and Owner/Agent
Resident, Property and Owner/Agent
120sCE.PK.PT - Q2
If the misreported amount resulted from an intentional misrepresentation by the tenant, the property can require the tenant to repay the total assistance amount that HUD overpaid.
False
True
120sCE.PK.PT - Q3
It is the best practice to enter the repayment payment in Repayment subjournal.
True
False
120sCE.PK.PT - Q4
What are two ways to enter repayment payment from the residents?
Resident Ledger and Resident subjournal
Repayment Ledger and Repayment subjournal
Repayment subjournal and Resident Ledger
Repayment Ledger and Resident Ledger
120sCE.PK.PT - Q5
The Repayment Ledger and Repayment Subjournal are supposed to match. Yes or No?
No
Yes
120sCE.PK.PT - Q6
Where would you select to enter payment in Repayment Ledger?
2
3
1
4
120sCE.PK.PT - Q7
Where would you select to enter payment in Repayment Subjournal?
3
2
1
4
120sCE.PK.PT - Q8
The repayment payment effective 1/2/2021 will report on what HAP at the earliest.
3/1/2021
1/1/2021
2/1/2021
4/1/2021
120sCE.PK.PT - Q9
Select a method in posting HUD Repayment Adjustments.
Directly in Repayment Ledger
Directly in Subsidy Ledger
Directly in Repayment Subjournal
120sCE.PK.PT - Q10
If the tenant paid $10 for this month’s repayment plan, and you will retain a $2 collection fee, the net amount will be $8. This amount will be returned to HUD with this HAP Request, it appears on the HAP Request as -10.
True
False
120sCE.PK.PT
