1. It is reported that a lump-sum payment received as a disability award will be entirely spent: a. Within one year by 75% of recipients. b. Within two months by 25% of recipients 2.What is suggested as minimum funding for a Henson Trust? a. $100,000 b. $200,000 3.A specified disability savings plan is best for: a. A beneficiary younger than 5 b. A beneficiary with a shortened life expectancy 4.Kyles family income is about $60,000. Kyle has an RDSP and this year his father contributed $1,000 to the plan. What will be the contribution made by the Government of Canada in the disability savings grant? a. 1,500 b. $2,000 5.Kyles family income is about $60,000. Kyle has an RDSP and this year his father contributed $1,000 to the plan. What will be the contribution made by the Government of Canada in the disability savings bond? a. 0 b. $1,000 6.Kyle has a grandfather with about $125,000 remaining in his RRIF at the time of his death. Kyle has an RDSP. There have been no other rollovers to the plan. How much of the grandfathers RRIF can be contributed to the RDSP? a. $100,000 b. $125,000 7.Kyle can claim the Disability Tax Credit on his income tax. What happens to the part of the credit Kyle does not use? a. It is surrendered. b. It can be transferred to his mother who provides room and board to Kyle. 8.What age group is reported to have the most falls? a. 50-to-60 year olds b. 70-to-80 year olds 9.Why should seniors be cautious at road intersections? a. 88% of all seniors are injured at intersections. b. 60% of pedestrians killed at intersection were 65 and older. 10.What is the most common cause of severe injuries sustained in winter sports and recreation activities? a. snowboarding b. snowmobiling 11.Which of the following is a form of creditor insurance that will contribute to costs of the disabled? a. mortgage insurance b. long-term care insurance 12.Long-term care insurance is no longer available at age: a. 65 b. 80 13.It may be necessary to accumulate more than the minimum number of insurable hours for EI if a misrepresentation has been made. How long is the look-back period for misrepresentation? a. 18 months b. 5 years 14.Receiving what benefit could prevent an application being made for long-term care insurance? a. Canada pension Plan b. Employment Insurance 15.What is the leading type of disability? a. Mobility b. pain 16.What is Canadas main source for data on disabilities? a. the Canadian Survey on Disability (CSD) b. The Census 17.To prevent falls, it is best to: a. The hardwood floors b. Install carpet with short, dense pile. 18.Kyle is the beneficiary of an RDSP. When he dies on September 12, 2019: a. The value of the plan must be paid to his beneficiary by December 31, 2019. b. The value of the plan must be paid to his beneficiary by Dec. 31, 2019 19.When must Lifetime Disability Assistance Payments begin? a. By age 25 b. At the end of the year in which the beneficiary turns 60. 20.Kyle received a disability savings grant payment to his RDSP in 2016. When he dies in 2019, the grant: a. Becomes part of Kyles estate. b. Must be repaid to the Federal Government