Which of the Following Is Not "Means-Tested

question 20

Multiple Choice

Which of the following is not "means-tested"?

• A)Temporary Assistance for Needy Families (TANF)
• B)welfare programs
• C)the Food Stamp program
• D)Social Security payments to a retiree
• E)free and reduced price school lunches for the poor

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Definitions:

Cash Flow Hedge

A financial strategy used to manage the risk of fluctuating cash flows due to changes in exchange rates, interest rates, or commodity prices.

Net Method

An accounting system that records transactions with their net effect, considering any discounts or allowances for prompt payment.

Loan Liability

A financial obligation representing borrowed funds that the borrower is legally required to repay to the creditor, typically with interest.

Foreign Exchange Rate

The rate at which one currency can be exchanged for another, often used in international trade and investment.