Income Assistance Programs

question 108

Multiple Choice

Income assistance programs

• A)require that the recipient work and contribute to the program
• B)are designed to replace lost income
• C)include unemployment compensation and Medicare
• D)are funded exclusively by the federal government
• E)include both cash and in-kind transfer programs

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Definitions:

For Profit

relates to activities or organizations established with the primary goal of generating financial returns for owners or shareholders.

Non-profit

An organization that operates for purposes other than making a profit, often focused on furthering a social cause or shared goal.

De Jure

Pertaining to a state of affairs that is in accordance with law, officially recognized.

Foreign Corporation

A corporation that is registered to do business in a state or jurisdiction other than where it was originally incorporated.