Since 1994 the Number of People on the Welfare Rolls

question 176

Multiple Choice

Since 1994 the number of people on the welfare rolls has

• A)risen substantially.
• B)risen slightly.
• C)stayed about the same.
• D)fallen slightly.
• E)fallen substantially.

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Definitions:

Sales

Revenues earned by a company from the sale of goods or services before any expenses are deducted.

Accounts Payable

Short-term liabilities representing amounts owed by a business to suppliers or creditors for goods and services received.

Cost of Goods Sold

The immediate expenses related to manufacturing the products a company sells, such as materials and labor.

Inventory

A company's stock of goods or materials, held for sale or production.