The USDA Estimates That It Will Cost Over $234,900 to Raise

question 95

True/False

The USDA estimates that it will cost over $234,900 to raise a child born in 2011 until he or she is 18.

---

Definitions:

Grants Credit

The offering of deferred payment terms or a line of credit to a buyer for the purchase of goods or services.

Cash Increase

An upward movement in a company's cash balance, indicating improved liquidity or additional inflow of money.

Operational Cycle

The period between the acquisition of inventory by a company and the collection of payments for the goods or services sold.

Accounts Payable Period

The time between receipt of inventory and payment for it.