
Work Number
Quiz
•
Professional Development
•
Professional Development
•
Practice Problem
•
Medium
Silvia Rodríguez
Used 6+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When using the Work Number, what date will be used in our notes?
The period end date of the oldest pay period shown
The "current as of" date
The pay date of the oldest pay period used for calculations
The pay date of the most recent paystub shown
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the average hours are shown:
An hourly calc must be shown
An hourly calc will never be shown
Additional information is required
Paystubs are needed
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Less than 2 pay periods shown on The Work Number verification are acceptable to run income calculations for ICs
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When using The Work Number, gaps in pay are permitted
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Large variations in pay:
Must be addressed in writing by the employer
Will never be addressed
Must be addressed with the applicant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If prior's YTD income is higher than the current YTD annualized income:
Paystubs are required
Nothing further is needed
Discrepancy must be addressed
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The true start date of the fiscal year can be found by
Adding one day to the pay date of the first pay period shown for the current calendar year
Using the pay date of the last period for the previous calendar year
Adding one day to the pay period end date of the last pay period shown for the previous calendar year
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