Which of the Following Was Cited by Dobelstein Regarding Benefits

question 49

Multiple Choice

Which of the following was cited by Dobelstein regarding benefits to people living in poverty:

• A) The share of cash expenditures as a portion of all income-maintenance expenditures has been increasing over the past 25 years
• B) The share of in-kind benefits as a portion of all income-maintenance expenditures has been decreasing over the past 25 years
• C) If the government would divert the money it spends on in-kind benefits to providing cash directly, it would spend no more and possibly spend less
• D) Total federal government spending for all social programs is not enough to raise the poor above the poverty line

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Definitions:

Likelihood of Collection

The probability that debts owed to a company will be paid by its debtors.

Materiality Constraint

An accounting principle that states financial information is material if its omission could influence decisions.

Direct Write-Off Method

An accounting method where uncollectable debts are written off to the expense account directly when they are deemed uncollectable.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects revenue from its credit sales.