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Indicate with a (✓) whether each of the following statements is true or false - Leaving Cert Home Economics - Question 9 - 2020

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Indicate with a (✓) whether each of the following statements is true or false. Universal Social Charge (USC) is a voluntary deduction from wages or salaries Utility... show full transcript

Worked Solution & Example Answer:Indicate with a (✓) whether each of the following statements is true or false - Leaving Cert Home Economics - Question 9 - 2020

Step 1

Universal Social Charge (USC) is a voluntary deduction from wages or salaries

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Answer

This statement is False. The Universal Social Charge (USC) is a tax that applies to gross income and is not voluntary.

Step 2

Utility bills are an example of essential expenditure

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Answer

This statement is True. Utility bills are necessary expenses that households must pay to maintain their basic living conditions.

Step 3

Child benefit is a universal social welfare payment

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101 rated

Answer

This statement is True. Child benefit is a government payment made to parents or guardians to assist with the costs of raising children.

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