Poverty Thresholds Are Based on the ______

question 54

Multiple Choice

Poverty thresholds are based on the ______.

• A) Consumer Price Index
• B) gross domestic product
• C) interest rates
• D) unemployment rate

---

Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually derived from profits.

Outstanding Voting Common Stock

The shares of a company held by shareholders that are entitled to vote and are not held by the company itself.

Amortization

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets.

Inventory Costing

An accounting method used to value inventory, commonly involving First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or weighted average cost methods.