TICO Exam - 50 Sample Practice Questions and Answers 100% Correct.

TICO Exam - 50 Sample Practice Questions and Answers 100% Correct. These are sample TICO questions to help you prepare for the upcoming TICO exam. Please take the next 90 minutes to answer the following multiple choice questions compiled by Buisness Travel Training. 1. Before counseling or advising a client, a travel agent must (1 point) inform the client of any counseling fee charged show a picture of the travel service being sold advice the client of the need for a passport or visa ask to make an imprint of the customer’s credit card 2. What is the definition for Travel Agent? (1 point) A person who acquires rights to travel services for the purpose of resale A person that operates a travel service for which they have ownership A person who works from a location other than the registered office A person who sells, to consumers, travel services provided by another person 3. Is the TICO registration number required to be printed on the invoice issued by the Travel Agency or Wholesaler? (1 point) no, as long as the agency or wholesaler is a registrant no, the registration number is displayed at the agency yes, if the booking is paid in full yes, as per section 38 of the regulations 4. Sally Smith belongs to a travel program. She saves up her points for two years until she has enough for a vacation package to a sun destination. The travel wholesaler noted in the brochure that the trip was valued at $2,500.00. After Sally transfers the points to the travel wholesaler, the wholesaler declares bankruptcy. Sally files a claim on the Travel Industry Compensation Fund for $2,500.00. Would her claim be eligible for reimbursement? (1 point) yes, because it is based on the stated value of the trip no, because Sally did not actually pay money for the trip yes, because air points are commonly used and have a monetary value no, because travel wholesalers are not covered by the Compensation Fund 5. What does TICO stand for? (1 point) Travel Income Council of Ontario Travel Industry Act, 2002 Travel Industry Council of Ontario Travel Industry Council of Ottawa 6. Mr. White is planning a business trip to Tel Aviv in the next upcoming weeks. He wants to leave Toronto on Thursday, so he has Friday to recover from his long haul flight. On Saturday he will go to the National Bank to do business and return home on Monday. What must the travel agent advise Mr White? (1 point) Banks in Tel Aviv are closed on Saturday Mr. White needs to go online to see what travel documentation is required Mr. White might want to convert his money today because the exchange rate is low Mr. White should pack sunscreen as he is traveling to a desert 7. Who appoints the Registrar? (1 point) Provincial Government Registrants Federal Government TICO Board of Directors.