The Largest Single Item in the Federal Budget Is

question 18

Multiple Choice

The largest single item in the Federal Budget is

• A)defense.
• B)interest on the debt.
• C)Social Security.
• D)foreign aid.

---

Definitions:

Net Operating Income

A company's income after operating expenses are deducted, but before income taxes and interest are deducted.

Average Operating Assets

The average value of the assets used in the normal operating activities of a business over a specific period.

Return On Investment

A measure of the profitability of an investment, calculated as a percentage of the return divided by the cost of the investment.

Return On Investment

A metric to assess the effectiveness or profit generated by an investment in comparison to its expense.