Which of the Following Is a Feature of the WIC

question 45

Multiple Choice

Which of the following is a feature of the WIC program?

• A)It caps the number of children in the program at 2 million.
• B)It is strictly remedial and available chiefly to women living in the inner city
• C)It offers assistance to all at-risk pregnant women regardless of economic means
• D)It saves an estimated $3 in medical costs in the first two months after birth for every dollar spent
• E)It serves pregnant and nursing women as well as children up to age 7

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Definitions:

Lower of Cost or Market

An accounting principle that states inventory should be recorded at the lower of its historical cost or its current market value.

Inventory Item

Goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution.

Historical Cost

The original cost at which an asset is acquired and recorded in the financial statements, not adjusted for inflation or market changes.

Replacement Cost

The cost to replace an asset of a company at the present time, according to its current worth.