Which of the Following Is Not an Entitlement Program

question 12

Multiple Choice

Which of the following is not an entitlement program?

• A)Space Station
• B)Medicaid
• C)Social Security
• D)Federal military retirement
• E)Medicare

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Definitions:

Fair Value Hedge

A type of hedging strategy used to mitigate risk by adjusting the fair value of a hedged asset or liability to reflect changes in market conditions.

Foreign Exchange Gain

A gain resulting from changes in exchange rates between currencies, affecting the value of foreign currency-denominated assets or liabilities.

Consolidated Income Statement

A consolidated income statement presents the financial performance of a parent company and its subsidiaries as one combined entity.

Forward Exchange Contract

A financial agreement between parties to exchange currencies at a predetermined future date and rate.