Suppose That You Are a Parent with a One-Year-Old Infant

question 26

Multiple Choice

Suppose that you are a parent with a one-year-old infant. You are looking for a good child care setting for your child, and you visit a series of child care centers in your town. Which of the following questions should you be sure to ask about the caregivers at each center?

• A) "What is the average age of your caregivers?"
• B) "Do your caregivers have Ph.D.'s?"
• C) "How much training have your caregivers had in child development?"
• D) "Did your caregivers experience child care themselves as children?"
• E) "Do your caregivers have children of their own?"

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Definitions:

Subsidiary's Separate-entity Earnings

The net income or loss generated by a subsidiary, considered independently before any adjustments for intercompany transactions or consolidation.

Non-controlling Interest

A financial interest in a subsidiary that is not enough to exert control over its policies, usually shown as a separate element of equity in the consolidated financial statements.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Common Shares

A type of equity security representing ownership in a corporation, entitling holders to dividends and voting rights, among other rights.