Which Statement Is True

question 210

Multiple Choice

Which statement is true?

• A)No one receiving public assistance is employed.
• B)Some people receiving public assistance are employed.
• C)More people were receiving public assistance in 2007 than in 1994.
• D)According to current law,no one will be eligible to receive public assistance by the end of 2012.

---

Definitions:

Transaction

A transaction is an agreement or exchange between two or more parties that is enforceable by law.

Debit Balance

A financial account status where the total debits exceed the total credits, indicating an amount owed.

Office Supplies

Items used in offices on a regular basis for the purpose of carrying out tasks and operations, including pens, paper, and staplers.

Asset Account

An account on a balance sheet that represents a resource controlled by the entity as a result of past transactions and from which future economic benefits are expected.