Personal Finance 4.00 Receiving
Flashcard
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Other
•
9th - 12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
What type of income are Steven's parents providing by allowing him to take his bedroom furniture and bedding?
Back
In-kind income
2.
FLASHCARD QUESTION
Front
How might Diana and her family locate an appropriate assistance program during her time off work following an accident?
Back
Go to www.govbenefits.gov on the web.
3.
FLASHCARD QUESTION
Front
Julie is a single mother who recently lost her job and wants to train in the medical field to support her children. Which government program might offer her assistance for living expenses and job training? Options: Earned income tax credit, Unemployment insurance, TANF, Medicare.
Back
TANF
4.
FLASHCARD QUESTION
Front
Which federal program offers a financial incentive to file a tax return for those earning just above minimum wage?
Back
Earned income tax credit
5.
FLASHCARD QUESTION
Front
Which federal program assists low-income families in purchasing nutritious foods? Options: SNAP, TANF, Social Security, Medicare
Back
SNAP
6.
FLASHCARD QUESTION
Front
Which statement is true of government assistance programs?
Back
The ultimate goal of government programs is to help individuals become self-sufficient and independent.
7.
FLASHCARD QUESTION
Front
Which organization would qualify as a nonprofit for Erica's community service? Options: An extracurricular activity in her school, The local private daycare center, Big Brothers/Big Sisters, Her elderly neighbor who needs yard work done.
Back
Big Brothers/Big Sisters
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