This Program Created the Administration on Aging, and Is the Basis

question 24

Multiple Choice

This program created the Administration on Aging, and is the basis for financial aid by the federal government to assist states and local communities to meet the needs of older people:

• A)Older Americans Act of 1965
• B)Supplemental Security Income (SSI)
• C)Medicare
• D)Old Age, Survivors, Disability, and Health Insurance (OASDHI)

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Definitions:

Sales Volumes

The quantity of products or services sold by a company within a specific time period.

Contribution Format

A financial statement format that separates fixed and variable costs to highlight the contribution margin.

Net Operating Income

This is the profit a business generates from its operations, excluding non-operating income and expenses, taxes, and interest.

Units

In a manufacturing or production context, units refer to individual items or products.