Which U.S.welfare Program Is a Means-Tested,in-Kind Benefit

question 21

Multiple Choice

Which U.S.welfare program is a means-tested,in-kind benefit?

• A)Social Security
• B)Temporary Assistance to Needy Families
• C)food stamps
• D)unemployment insurance

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Definitions:

Operating Expense

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll, excluding cost of goods sold.

Purchases Discounts

An allowance given by the seller to the buyer for early payment or for buying in large quantities.

Net Purchases

The total cost of goods bought for resale, after subtracting returns, allowances, and discounts.