Indicate with a ✔ whether each of the following statements is true or false - Leaving Cert Home Economics - Question 9 - 2020
Question 9
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 b... 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 not voluntary; it is a mandatory tax applied to gross income in Ireland.
Step 2
Utility bills are an example of essential expenditure
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Answer
This statement is True. Utility bills, such as those for electricity, gas, and water, are necessary for basic living and are considered essential expenditures.
Step 3
Child benefit is a universal social welfare payment
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Answer
This statement is True. Child benefit is a payment made to parents or guardians of children, designed to help with the costs of raising them, and is available universally to those who meet the eligibility criteria.
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