When Kelly Is Interviewing Potential Nannies to Care for Her

question 55

Multiple Choice

When Kelly is interviewing potential nannies to care for her baby after it is born, she might take into consideration the likely amount of sleep the nanny applicants might require. Gladys, the grandmotherly 80-year-old, probably needs ____________ sleep than Courtney, the 19-year-old.

• A)much more
• B)no different
• C)more
• D)less

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, recognizing it as an expense.

Property

Assets owned by an individual or business, encompassing real estate, personal property, and intellectual property rights.

Net Income

When revenue totals more than expenses, the result is net income.

Gross Profit

The difference between revenue and the cost of goods sold before accounting for other costs such as selling, administrative, and financial expenses.