In Addition to Observations, Teachers May

question 9

Multiple Choice

In addition to observations, teachers may

• A) use portfolios.
• B) collect work samples.
• C) Neither use portfolios or collect work samples.
• D) Both use portfolios or collect work samples.

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Definitions:

Operating Expenses

Costs associated with a business’s operations, including rent, utilities, payroll, and materials, but excluding the cost of goods sold.

Discounted Price

The reduced price of a good or service, typically offered for promotions or sales.

Retail Selling Price

The final price at which goods are sold to consumers, including all taxes, markups, and additional costs.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, determining the selling price.