Aid Programs Restricted to One Group of Citizens Only Are

question 61

Multiple Choice

Aid programs restricted to one group of citizens only are called

• A)categorical aid.
• B)welfare.
• C)entitlement aid.
• D)individual aid.
• E)grant aid.

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Definitions:

Unearned Items

Revenues received by a company for which the goods or services have not yet been provided or completed.

General Journal

An accounting ledger where all types of transactions are initially recorded.

General Journal

A primary accounting record used to record all types of transactions before they are posted to specific accounts in the general ledger.

General Journal

A primary accounting record used to record all types of accounting transactions before they are posted to individual accounts in the general ledger.