OAS Guaranteed Income Supplement Eligibility

KNOWLEDGE EXPECTED OF: QAFP® Professionals

Highest Knowledge Level: Awareness


Knowledge Levels and Associated Verbs


Awareness
The state of being aware that something exists / to have familiarity with a particular activity or subject
Understanding
To comprehend the general relationship of particulars / to have an expertise with how something works
Application
Ability to put information to use / to use knowledge for relevant, practical purposes
Evaluation
To judge or conclude by utilizing data / a systematic determination of something’s worth or significance
Define
To state exactly the meaning of
Identify
To be aware of / to recognize and correctly name / to locate an appropriate resource
Explain
To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it
Determine
To ascertain / to come to a decision, such as by investigation or reasoning
Compare
To note the similarities and differences between two or more things
Estimate
To determine an approximate value for
Calculate
To find the value using mathematics
Convert
To change from one form or purpose to another
Evaluate
To reach a conclusion or make a through careful study
Interpret
To give the meaning of / to construe or understand / to translate orally

Hold cursor over or click on each term to read its definition.

  • Define the GIS.1
  • Identify eligibility criteria for the GIS.2
  • Identify the circumstances in which the GIS can cease.3

    REFERENCES


    KNOWLEDGE EXPECTED OF: CFP® Professionals

    Highest Knowledge Level: Understanding


    Knowledge Levels and Associated Verbs


    Awareness
    The state of being aware that something exists / to have familiarity with a particular activity or subject
    Understanding
    To comprehend the general relationship of particulars / to have an expertise with how something works
    Application
    Ability to put information to use / to use knowledge for relevant, practical purposes
    Evaluation
    To judge or conclude by utilizing data / a systematic determination of something’s worth or significance
    Define
    To state exactly the meaning of
    Identify
    To be aware of / to recognize and correctly name / to locate an appropriate resource
    Explain
    To make clear the meaning of / to describe something in more detail or reveal relevant facts or ideas related to it
    Determine
    To ascertain / to come to a decision, such as by investigation or reasoning
    Compare
    To note the similarities and differences between two or more things
    Estimate
    To determine an approximate value for
    Calculate
    To find the value using mathematics
    Convert
    To change from one form or purpose to another
    Evaluate
    To reach a conclusion or make a through careful study
    Interpret
    To give the meaning of / to construe or understand / to translate orally

    Hold cursor over or click on each term to read its definition.

    • Define the GIS.1

    Additional Knowledge Expected of CFP Professionals
    • Explain eligibility criteria for the GIS.2
    • Explain circumstances in which the GIS can cease.3
    • Identify that Social Security Agreements with other countries may impact eligibility for the GIS.

    REFERENCES