This Large Federal Program Is Projected to Be More Than

question 71

Multiple Choice

This large federal program is projected to be more than $1 trillion by 2022.

• A) Medicare
• B) Medicaid
• C) Social Security
• D) Defense
• E) Supplemental Social Security Income (SSI)

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Definitions:

Cash Dividend

A distribution of profits by a company to its shareholders in the form of cash.

Comparative Balance Sheet

A financial statement that displays the company's financial position at different periods of time side by side for comparison.

Direct Method

A method of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.

Accounts Receivable

Receivables from customers to a business for goods or services that have been supplied but payment has not been made.