Which of the Following Transactions Is a Transfer Payment

question 100

Multiple Choice

Which of the following transactions is a transfer payment?

• A) The government pays an employee by making a direct transfer to the employee's bank account.
• B) An army officer transfers part of her pay to the government to pay her taxes.
• C) A senior citizen receives a Social Security payment.
• D) All of these are transfer payments.

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Definitions:

Long-Term Workers

Employees who have been with an organization for an extended period, often providing stability and deep organizational knowledge.

Self Management

The ability of an individual to regulate and control their own behaviors and actions to achieve personal and professional goals.

Skill

The ability to translate knowledge into action that results in desired performance.

Personal Development

A process of self-improvement encompassing activities that improve self-awareness, develop talents, and potential.