Which of the Following Is True of the Temporary Assistance

question 61

Multiple Choice

Which of the following is true of the Temporary Assistance to Needy Families (TANF) program?

• A)It provides financial assistance to eligible families for as long as they need it.
• B)It forbade states from providing child care assistance to TANF recipients.
• C)It eliminated the federal income test that previously determined eligibility for Aid to Families with Dependent Children.
• D)It encourages an increase in family size.

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Definitions:

Dividend Amount

The sum of money paid regularly by a company to its shareholders out of its profits (or reserves).

Preferred Stock

A type of stock that provides dividends before any dividends are provided to common stockholders, often with fixed rates.

Par Value

The face value of a bond or stock, as specified by the issuing company, which does not necessarily reflect its market value.

Legal Capital

The minimum amount of capital that a company is required to maintain for the protection of its creditors.