What Type of Federal Program Is Medicaid

question 42

Multiple Choice

What type of federal program is Medicaid?

• A)discretionary
• B)means-tested
• C)social insurance
• D)entitlement -Consider This: In contrast to entitlement programs,Medicaid provides only benefits to those who can establish a need.

Learn how to record transactions related to expenses paid from the estate, including administrative and funeral expenses.

Gain insight into the liquidation and distribution process of estate assets as per the decedent's will.

Understand how to manage and record transactions for specific bequests under a will.

Learn about the recording of transactions involving trusts, specifically inter vivos trusts and charitable lead trusts.

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Definitions:

Technical Analysis

The study of historical market data, including price and volume, to forecast future market behavior.

Earnings Forecasting

The process of estimating the future profits of a company, often used by investors to make informed investment decisions.

Serial Autocorrelation

The relationship where a variable's current value is correlated with its past values over time.

Maurice Kendall

A British statistician known for his work in the field of statistics, notably the development of the Kendall rank correlation coefficient.