Lesson 3: Related Accounting Policies

Learning Check

The learning check helps you ensure you understand key points of the lesson. These scores are not saved but are intended to help you decide if you need to go back and review the lesson before moving on.

At the end of the training, you will take a comprehensive exam covering key material from each of the lessons.

1. Which accounting policy statement (APS) provides guidance for the general ITV/RTI process?

• a. APS 003
• b. APS 014

2. Which APS provides guidance for the unemployment compensation payments process?

• a. APS 003
• b. APS 014

3. The same RTI can be used by all agencies to pay Texas Workforce Commission for unemployment benefits.

• a. True
• b. False

4. When an agency pays TWC, TWC would be considered the __________ agency.

• a. RTI
• b. Transaction

5. Agencies will pay unemployment payments directly, and TWC will reimburse for those costs.

• a. True
• b. False