Which of the Following Statements About Social Security Is True

question 52

Multiple Choice

Which of the following statements about Social Security is true?

• A) The Social Security program offers retirees retirement benefits for up to 20 years after retirement.
• B) Social Security is funded with income tax revenues.
• C) Social Security requires workers to contribute to an account that is held in their name at the Treasury and invested in government and highly rated private sector bonds.
• D) Social Security transfers income from current workers to current retirees.

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Definitions:

Consensus Decision Making

A group decision-making process that seeks agreement and acceptance of all participants on a decision, ensuring all voices are heard and considered.

Highly Trained

Describing individuals or a workforce that has undergone extensive education, training, and skill development in their respective fields.

Job Design

The process of organizing work into tasks and responsibilities to improve efficiency and employee satisfaction.

Organizational Goals

Objectives set by a business or organization aiming to guide its operations and determine its direction for future development.