A "Three-Legged Stool" Refers to What Issue Discussed in the Text

question 1

Multiple Choice

A "three-legged stool" refers to what issue discussed in the text?

• A)Poverty rate differences between children, adults, and the elderly.
• B)The idea in the United States that elders receive income from three primary sources: Social Security, private pensions, and personal assets and savings.
• C)Cumulative advantages and disadvantages associated with sex, race/ethnicity, and social class.
• D)Adult children caring for their aging parents and their own children.
• E)The failures of Medicare as the health policy program for the elderly.

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Definitions:

Special Revenue Funds

Funds used by governments to account for revenue from specific sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.

Enterprise Funds

Funds used by a government to account for operations financed and operated in a manner similar to private business enterprises, where the intent is that the costs of providing goods or services to the public on a continuing basis be financed or recovered primarily through user charges.

Capital Projects Funds

Governmental accounting funds used to account for financial resources that are allocated for the acquisition or construction of major capital assets by a government, except those financed by proprietary funds.

Debt Service Funds

Governmental funds used to account for the accumulation of resources for, and the payment of, long-term debt principal and interest.