Which of the Following Statements Is Correct About Temporary Assistance

question 3

Multiple Choice

Which of the following statements is correct about Temporary Assistance to Needy Families (TANF) ?

• A) Families may not receive benefits for longer than 60 months.
• B) The Federal program determines eligibility and benefit levels with no discretion left to the state.
• C) Unwed teenage parents receiving benefits must live in public housing.
• D) Parents with children under age one must work 20 hours per week to receive benefits.

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Definitions:

Unrealized Holding Gain

Refers to an increase in the value of an investment that has not been sold yet, thus the gain is not "realized."

Passive Debt Investments

Investments in debt instruments, such as bonds, where the investor does not exert influence over the issuer.

Held-to-maturity

A classification for investment securities which the investor has the intent and ability to hold until a specified maturity date.

Extent of Influence

Refers to the degree to which an investor can sway management decisions and operational policies of an investee due to ownership level or other factors.