Discuss 2 Ways in Which a Lack of Finances in a Family

question 141

Essay

Discuss 2 ways in which a lack of finances in a family may contribute to less intellectual stimulation in children?

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Definitions:

Significant Component

A part or element of an asset that is substantial enough to require separate accounting due to its size or value.

Continuing Operations

Refers to the business activities that are expected to continue into the foreseeable future, as opposed to those that are being discontinued.

Discontinued Operations

The disposal of a significant component of a business.

Generally Accepted Accounting Principles

A set of accounting standards and procedures used in the United States to govern financial reporting and ensure consistency across organizations.