Which of the Following Is True of the Temporary Assistance

question 28

Multiple Choice

Which of the following is true of the Temporary Assistance to Needy Families (TANF) program?

• A)It was set up by the Personal Responsibility and Work Opportunity Reconciliation Act.
• B)It heavily restricted the states' discretion in benefit distribution.
• C)Under TANF, states are required to provide resources to everyone who is legally eligible or entitled to help.
• D)Under TANF, states spend large amounts on providing education and training for better jobs.

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Definitions:

Corporate Capital

Funds and resources that a corporation utilizes for operations, growth, and to undertake new projects, including both equity and debt capital.

Partners' Equity

The total interest or claim that all partners have in the net assets of a partnership.

Market Price

The present value at which a service or asset is available for purchase or sale in the marketplace.

Par Value

The face value of a bond or stock as stated by the issuing company, unrelated to its market value. It's a nominal value used for accounting purposes.