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TICO EXAM NEWEST 2026 ACTUAL EXAM TEST BANK|
COMPLETE 200 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADRED A+| (MOST
RECENT!!)
Whose responsibility is it to check that a client's accommodation is
going to be in the same condition as when it was described to the client
at the time of purchase?
a. client
b. Registrar
c. registrant
d. hotel supplying the accommodation ......ANSWER......c. registrant
Which item takes precedence over other claims on the Travel Industry
Compensation Fund? Payments for
a. immediate departure
b. trip interruption
c. trip completion
d. a major event ......ANSWER......c. trip completion
Joe Smith purchases a package tour from ABC agency that includes a
return economy flight. The airline end supplier becomes bankrupt
during Joe's trip and he is stranded at the destination. He purchases a
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business class flight home and then makes a claim on the Compensation
Fund for his trip completion expenses. Will his trip completion expense
claim be successful?
a. yes, because he was forced to make his own arrangements to get
home as the Director did not direct payments for trip completion
b. no, because trip completion expense claims may only be made when
a trip cannot be completed because travel services were not provided
as a result of the failure of a registrant
c. yes, because the Fund is primarily concerned with "trip completion"
and getting stranded Ontarians home
d. no, because he purchased a business class flight and he had to obtain
services comparable to those originally purchased (i.e. an economy fligh
......ANSWER......b. no, because trip completion expense claims may only
be made when a trip cannot be completed because travel services were
not provided as a result of the failure of a registrant
A consumer who wishes to make a standard claim on the Compensation
Fund for travel services paid for but not provided must do so
a. any time; there is no limitation
b. immediately
c. within three months of the registrant's or end supplier's failure
d. within six months of the registrant's or end supplier's failure
......ANSWER......d. within six months of the registrant's or end supplier's
failure
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According to the Travel Industry Act, 2002, which of the following must
be compliant with the Education Standards in a travel agency?
a. all staff no matter what their role is in the agency
b. all staff providing information about travel services to the public
c. only the owner of the agency
d. only the owner and the supervisor/manager of the agency
......ANSWER......b. all staff providing information about travel services
to the public
What is the maximum penalty for a corporation that commits an
offence under the Travel Industry Act, 2002?
a. $250,000
b. $50,000
c. two years less a day in prison
d. $50,000 and two years less a day in prison ......ANSWER......a.
$250,000
Which of the following must register under the Travel Industry Act,
2002?
a. an end supplier
b. a travel agency in North Bay
c. a travel agency in Saskatoon
d. an educational institution in Ottawa ......ANSWER......b. a travel
agency in North Bay
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"Sales in Ontario" refers to
a. the amount paid to or through a travel agent or travel wholesaler for
services sold in Ontario during a given period of time
b. the amount paid to travel agents only, for services sold to Ontario
consumers during a given period of time
c. the amount paid to travel wholesalers only, for all travel bookings
originating in Ontario during a given period of time
d. an annual list of travelers who booked through an Ontario-registered
travel agent or wholesaler ......ANSWER......a. the amount paid to or
through a travel agent or travel wholesaler for services sold in Ontario
during a given period of time
When registrants provide a security deposit, how many annual financial
statements must they file before being eligible to have the security
deposit returned?
a. none
b. one annual financial statement
c. two annual financial statements
d. two consecutive annual financial statements ......ANSWER......d. two
consecutive annual financial statements
ABC agency has been in business for six months. The advertising bill
must be paid. Can ABC take money from the company trust account to
pay the bill?
TICO EXAM NEWEST 2026 ACTUAL EXAM TEST BANK|
COMPLETE 200 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADRED A+| (MOST
RECENT!!)
Whose responsibility is it to check that a client's accommodation is
going to be in the same condition as when it was described to the client
at the time of purchase?
a. client
b. Registrar
c. registrant
d. hotel supplying the accommodation ......ANSWER......c. registrant
Which item takes precedence over other claims on the Travel Industry
Compensation Fund? Payments for
a. immediate departure
b. trip interruption
c. trip completion
d. a major event ......ANSWER......c. trip completion
Joe Smith purchases a package tour from ABC agency that includes a
return economy flight. The airline end supplier becomes bankrupt
during Joe's trip and he is stranded at the destination. He purchases a
,2|Page
business class flight home and then makes a claim on the Compensation
Fund for his trip completion expenses. Will his trip completion expense
claim be successful?
a. yes, because he was forced to make his own arrangements to get
home as the Director did not direct payments for trip completion
b. no, because trip completion expense claims may only be made when
a trip cannot be completed because travel services were not provided
as a result of the failure of a registrant
c. yes, because the Fund is primarily concerned with "trip completion"
and getting stranded Ontarians home
d. no, because he purchased a business class flight and he had to obtain
services comparable to those originally purchased (i.e. an economy fligh
......ANSWER......b. no, because trip completion expense claims may only
be made when a trip cannot be completed because travel services were
not provided as a result of the failure of a registrant
A consumer who wishes to make a standard claim on the Compensation
Fund for travel services paid for but not provided must do so
a. any time; there is no limitation
b. immediately
c. within three months of the registrant's or end supplier's failure
d. within six months of the registrant's or end supplier's failure
......ANSWER......d. within six months of the registrant's or end supplier's
failure
,3|Page
According to the Travel Industry Act, 2002, which of the following must
be compliant with the Education Standards in a travel agency?
a. all staff no matter what their role is in the agency
b. all staff providing information about travel services to the public
c. only the owner of the agency
d. only the owner and the supervisor/manager of the agency
......ANSWER......b. all staff providing information about travel services
to the public
What is the maximum penalty for a corporation that commits an
offence under the Travel Industry Act, 2002?
a. $250,000
b. $50,000
c. two years less a day in prison
d. $50,000 and two years less a day in prison ......ANSWER......a.
$250,000
Which of the following must register under the Travel Industry Act,
2002?
a. an end supplier
b. a travel agency in North Bay
c. a travel agency in Saskatoon
d. an educational institution in Ottawa ......ANSWER......b. a travel
agency in North Bay
, 4|Page
"Sales in Ontario" refers to
a. the amount paid to or through a travel agent or travel wholesaler for
services sold in Ontario during a given period of time
b. the amount paid to travel agents only, for services sold to Ontario
consumers during a given period of time
c. the amount paid to travel wholesalers only, for all travel bookings
originating in Ontario during a given period of time
d. an annual list of travelers who booked through an Ontario-registered
travel agent or wholesaler ......ANSWER......a. the amount paid to or
through a travel agent or travel wholesaler for services sold in Ontario
during a given period of time
When registrants provide a security deposit, how many annual financial
statements must they file before being eligible to have the security
deposit returned?
a. none
b. one annual financial statement
c. two annual financial statements
d. two consecutive annual financial statements ......ANSWER......d. two
consecutive annual financial statements
ABC agency has been in business for six months. The advertising bill
must be paid. Can ABC take money from the company trust account to
pay the bill?
