During the Covid-19 Pandemic, the State Adjusted Unemployment Benefits by

question 28

Multiple Choice

During the covid-19 pandemic, the state adjusted unemployment benefits by

• A) doubling the payments.
• B) extending the length of time someone can qualify for benefits.
• C) requiring all applicants to work as contact tracers.
• D) closing the program.

---

Definitions:

Broad Classifications

Broad classifications refer to the general categories or groups used to organize similar entities, concepts, or items based on shared characteristics or functions.

Modified Accrual Accounting

An accounting method that combines elements of both accrual and cash basis accounting, recognizing revenues when they are available and measurable, and expenses when incurred.

Realizable

Refers to assets that can be easily converted into cash or are expected to be sold without significant delay or loss in value.

Modified Accrual Accounting

An accounting method that recognizes revenues when they become available and measurable and expenses when they are incurred, used often by government entities.