Rent Calculation Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

True or False: A family's household composition changes. As a result, the family's voucher changes from a three-bedroom voucher to a two-bedroom voucher. The family resides in a three-bedroom unit. The three-bedroom payment standard must be applied at the first annual reexamination : False True or False: Earned income in excess of $480 of full time students 18 and older (who are not the head, spouse, or cohead) is excluded from annual income : True True or False: Actual income from assets is to be included when the total cash value of all family assets is $5,000 : True True or False: The income of a temporarily absent spouse must be included in the annual income : True 2 | P a g e True or false: A PHA may establish a minimum rent of $50 : True True or false: In the HCV program, only adult persons with disabilities can qualify for the earned income disallowance : True True or false: Lump-sum payments are always counted as assets : False True or false: Disability assistance expenses may be deducted if they enable a family member to work or attend scho