Which of the Following Represents a Transfer Payment

question 46

Multiple Choice

Which of the following represents a transfer payment?

• A)You transfer $1,000 from your bank account to a mutual fund.
• B)The government sends your grandfather his Social Security check.
• C)You make a payment to get legal documents showing you purchased a previously owned home.
• D)Your employer automatically transfers $100 each month from your wages to a non-taxable medical spending account.

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Definitions:

Spongy Bone

A porous type of bone tissue found at the ends of bones and within the vertebral bones, characterized by a honeycomb-like structure.

Compact Bone

The dense, hard outer layer of bones that provides strength, structure, and resistance to the body.

Bony Plates

Bony plates are rigid structures of dense bone forming the protective external layer or armor on certain animals, such as stegosaurs and armadillos.

Lacunae

Small spaces within bone or cartilage tissue that house cells such as osteocytes in bone or chondrocytes in cartilage.