Which of the Following Statements About Older Americans Is FALSE

question 67

Multiple Choice

Which of the following statements about older Americans is FALSE?

• A)The number of older people who are ill or dependent will rise as the older population increases.
• B)Health care is the largest expense for older adults.
• C)Almost 9.5 percent of elderly people live below the poverty line.
• D)Most older Americans do not have any chronic diseases.

Distinguish between cost centers, profit centers, and revenue centers.

Understand the utility of departmental reports in performance evaluation and decision making.

Comprehend the calculation and significance of gross profit.

Analyze the financial performance of different departments within an organization.