Which of the Following Statements About Social Security Is the Most

question 48

Multiple Choice

Which of the following statements about Social Security is the most accurate?

• A) Social Security will eventually be replaced by a private system.
• B) Social Security qualification triggers Medicaid participation.
• C) Social Security is expected to be financially stable for the next 100 years.
• D) Social Security qualification triggers Medicare Part A.

---

Definitions:

Par Value

Par value is a nominal or face value assigned to a share of stock or bond when it is issued, which has little significance today but was historically the legal capital of the share.

Capital Gain

The profit earned from the sale of an asset or investment exceeding its purchase price.

Paid-In Capital

The total amount of money shareholders have invested in a company through the purchase of stock, excluding any stock purchased on secondary markets.

Par Value

The nominal or face value of a bond, stock, or other financial instrument, as stated by the issuer.