37-) Using the budget method of determining life insurance needs, a family's future expected expenses is considered.

Select one: True/False

38-) GST credit for low-income families and the Working Income Tax Benefit are examples of non-refundable tax credits.

Select one: True/False

44-) When you contribute to a defined-contribution retirement plan, you are able to deduct the contributions from your income.

Select one: True/False

46-) You can improve your income by making withdrawals from an RRSP to fund education so that you can apply for higher-paying jobs.

Select one: True/False

50-) No financial plan is complete if it does not include a will.

Select one: True/False