TICO Study guides, Study notes & Summaries

TICO Supervisor/ Manager Exam Question and Answers

The phrase "to promote a fair and informed marketplace where consumers can be confident of their travel purchases" is the a. mission statement of the Ministry of Consumer Services b. mission statement of TICO c. vision statement of TICO d. purpose of the Travel Industry Act, 2002 CORRECT ANSWER b The administration of the Travel Industry Act, 2002 was delegated to TICO by the a. federal government b. travel industry c. Ministry of Consumer and Corporate Affairs d. Ontario provincial ...

Tico - Answer Is a not for profit corporation that regulates, and is financed by the retail and wholesale travel community On June 25, 1995 - Answer The government delegated the administration of the Travel Industry Act to the Travel Industry Council of Ontario What does TICO stands for - Answer Travel Industry Council of Ontario TICO is also responsible for - Answer Industry financed Travel Industry Compensation Fund. The act governs travel retailers and wholesales registered i...

TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry - Answer c. Ontario registrants TICO works with consumers to ensure that a. they are aware of their rights under the Travel Industry Act, 2002 b. they take their vacations in Ontario c. the travel industry is promoted to consumers d. consumers receive the lowest price from travel agents - Answer a. they are aware of their rights under the Travel Industry Act, 2002 ...

Who is TICO funded by? - Answer Ontario Registrants TICO works with consumers to ensure that..... - Answer They are aware of their rights under the travel industry act 2002 what 3 groups work with TICO to carry out its mandate? - Answer The travel industry, the Provincial goverment, consumers describe the Ontario Travel industry act, 2002 - Answer they set down the rules under which travel retainers and travel wholesalers must operate in ontario who conducts the registration ...

John is a student who has decided to create his own company to provide walking tours in his hometown of Thunder Bay. Some tourists book a tour, but because John has the flu, he does not show up. The tourists complain to TICO that their afternoon was ruined. Why is TICO unable to assist these consumers? a. a tour guide is considered to be an end supplier and is therefore exempt from registering with TICO b. John should have registered with TICO because he is providing a type of travel serv...

In representations is it required to show the price including GST/PST?No - Answer No, the total amount to be paid for travel services A regulation in support of an Act describes... - Answer How the rules will be enforced or applied A representation displayed on a billboard or bus board or any other medium with time or space limitation is NOT required to include? - Answer Registrant's business name, address and registration number Contributions to the Compensation Fund by registra...

The phrase "to promote a fair and informed marketplace where consumers can be confident of their travel purchases" is the a. mission statement of the Ministry of Consumer Services b. mission statement of TICO c. vision statement of TICO d. purpose of the Travel Industry Act, 2002 - Answer b The administration of the Travel Industry Act, 2002 was delegated to TICO by the a. federal government b. travel industry c. Ministry of Consumer and Corporate Affairs d. Ontario provincial g...

The phrase "to promote a fair and informed marketplace where consumers can be confident of their travel purchases" is the a. mission statement of the Ministry of Consumer Services b. mission statement of TICO c. vision statement of TICO d. purpose of the Travel Industry Act, 2002 b The administration of the Travel Industry Act, 2002 was delegated to TICO by the a. federal government b. travel industry c. Ministry of Consumer and Corporate Affairs d. Ontario provincial government d T...

Melissa won a cruise through a travel agency. The cruiseline went bankrupt, would Melissa be eligible for a refund through the Compensation Fund? • Yes, it was from an Ontario agency • Yes, it was the cruise line failure • Yes, but only at the cost of an inside cabin • No, it was a prize and she did not pay for it • No, it was a prize and she did not pay for it (correct answer) What are TICO's three main goals? • Protecting Travel Agents, insuring proper business practices a...

TICO is funded by a. the Ontario government b. consumers c. Ontario registrants d. the Canadian travel industry c. Ontario registrants TICO works with consumers to ensure that a. they are aware of their rights under the Travel Industry Act, 2002 b. they take their vacations in Ontario c. the travel industry is promoted to consumers d. consumers receive the lowest price from travel agents a. they are aware of their rights under the Travel Industry Act, 2002 TICO enhances industry profe...

In representations is it required to show the price including GST/PST?No No, the total amount to be paid for travel services A regulation in support of an Act describes... How the rules will be enforced or applied A representation displayed on a billboard or bus board or any other medium with time or space limitation is NOT required to include? Registrant's business name, address and registration number Contributions to the Compensation Fund by registrants must be made Twice a year (at a s...