Which of the Following Is NOT an Example of a Transfer

question 92

Multiple Choice

Which of the following is NOT an example of a transfer payment?

• A) unemployment compensation
• B) food stamps
• C) government salaries
• D) Social Security benefits

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Definitions:

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.

Default Percent

The percentage of loans or debts that are not paid back in accordance with the terms agreed upon by borrowers and lenders.

Variable Cost

A cost that varies with the level of output or sales, such as materials and labor costs.