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Sung Won and Jerome Have Been Warned That If They

question 42

Multiple Choice

Sung Won and Jerome have been warned that if they continue to throw sand, they will have to go to another area to play. You observe them throwing sand again. As you approach them and say, "You're having fun. Remember I said. . ." the children say, "We didn't mean it." In this situation you should do which of the following things?


Definitions:

Economic Entities

Organizations or individuals engaged in economic activities, recognized as separate units for accounting and financial reporting.

Revenues

Revenues are the total amount of money generated by the sale of goods or services related to a company's primary operations.

Expenses

The costs incurred by a business in the process of earning revenue, such as rent, salaries, and utilities.

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