Public-Assistance Programs, Such as Temporary Assistance for Needy Families (TANF)

question 81

Multiple Choice

Public-assistance programs, such as Temporary Assistance for Needy Families (TANF) and Medicaid, which provide benefits to people based on their need rather than taxes paid by them, are often popularly referred to as "welfare" programs.To federal government analysts, however, they are referred to as __________________ social programs.

• A) discretionary entitlement
• B) mandatory entitlement
• C) tax expenditure
• D) noncontributory

---

Definitions:

Control Operations

Activities or procedures implemented to monitor and regulate processes and ensure they meet performance standards.

External Users

Individuals or entities outside of an organization who have an interest in the organization's financial information, such as investors and creditors.

Investment Decisions

Choices made by individuals or enterprises regarding where, when, and how much to invest in order to achieve financial goals or maximize returns.

Financial Information

Data related to the financial status of an entity, including balance sheets, income statements, and cash flow reports, used by stakeholders to make informed decisions.