According to Recent Studies,which of the Following Programs Is Most

question 64

Multiple Choice

According to recent studies,which of the following programs is most likely to pull the average poor family above the official poverty threshold?

• A)Earned Income Tax Credit (EITC)
• B)Temporary Assistance for Needy Families (TANF)
• C)Supplemental Security Income
• D)Aid to Families with Dependent Children (AFDC)
• E)The Job Training Partnership Act (JTPA)

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Definitions:

Statement of Cash Flows

The statement of cash flows is a financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Balance Sheet

A report detailing a company's assets, liabilities, and equity of shareholders at a given moment.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, often held to reissue or retire the shares.

Investing Activity

Any use of a company's cash or resources to invest in capital assets, such as stocks, bonds, or physical properties, with an expectation to earn a return.