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:

Required Rate

A term often used to signify the minimum return or yield that investors expect from an investment, considering the risk involved.

Average Operating Assets

A metric representing the average value of the assets involved in the operating activities of a business over a period.

Contribution Margin

The difference between sales revenue and variable costs of a product or service, indicating the amount contributing to covering fixed costs and generating profit.