Which Statement About the Japanese Social Welfare System Is NOT

question 28

Multiple Choice

Which statement about the Japanese social welfare system is NOT correct?

• A) It is comparable to that of the United States but compares poorly with other Western countries.
• B) Social welfare spending is concentrated in pensions and health care for the elderly.
• C) The development of a national welfare system was mandated by the postwar constitution.
• D) Social welfare is the largest government budget item.

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Definitions:

State Corporation Laws

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Comprehensive Income Items

Components of comprehensive income that represent all changes in equity during a period except those resulting from investments by owners and distributions to owners.

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The increase in value of an asset, over its previously recorded cost, reflected in the financial statements.

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The amount received by a company over and above the face value of its shares when issuing them.