In 1996, Congress Passed the Personal Responsibility and Work Opportunity

question 27

True/False

In 1996, Congress passed the Personal Responsibility and Work Opportunity Reconciliation Act.

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Definitions:

Multicolumn Form

A formatting style used in accounting and bookkeeping that uses multiple columns to represent and organize financial information and transactions.

Unemployment Compensation Tax

A tax paid by employers to fund unemployment benefits for workers who have lost their jobs.

Employer's Liability

Refers to the employer's obligation to compensate employees for injuries and illnesses that occur due to their job.

Employee

An individual who is hired to work for a company or organization in exchange for compensation, typically under an employment agreement.