Many Parents and Educators Believe in the Importance of Children's

question 20

Essay

Many parents and educators believe in the importance of children's self-esteem. In particular, they believe it's important to support girls' self-esteem so that girls don't lag behind boys in their academic or social skills. Suppose your community is voting on a new project that would allocate a substantial funding to a new program to raise the self-esteem of young girls in your town. Using what you know from empirical research, articulate a reasoned argument either in support of this idea or against it. Your argument needn't be based only on the research, but you should make explicit reference to empirical findings to support your position.

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Definitions:

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.

Incurred

Describes expenses that have been realized or experienced by a business or individual.

Matching Principle

An accounting principle that expenses should be recorded in the same period as the revenues they helped to generate, to provide a more accurate picture of financial performance.

Deferrals

Accounting transactions that involve recognition of revenues or expenses in a period different from when they are actually received or paid, to match revenues with expenses in the appropriate period.