The Rising Costs of Social Security Have Been Covered By

question 22

Multiple Choice

The rising costs of Social Security have been covered by:

• A) increases in the maximum earnings base and the tax rate at which it is taxed.
• B) reduction in Social Security benefits by providing market-driven options.
• C) progressive reduction in the coverage.
• D) welfare grants and annual supplements from Congress.

---

Definitions:

Management Process

A series of steps or activities carried out by managers to plan, organize, lead, and control towards achieving organizational goals.

Organization Chart

A visual diagram that outlines the structure of an organization, including departments, roles, and the hierarchy.

Lines of Authority

The formal structure within an organization that dictates who has control over decisions and who reports to whom.

Horizontal Specialization

The division of labor in an organization in which tasks are separated based on specific skills and functions, leading to departments or teams with specialized roles.