Scenario 13-8 Ellie Has Been Working for an Engineering Firm and Earning

question 89

Multiple Choice

Scenario 13-8
Ellie has been working for an engineering firm and earning an annual salary of $80,000. She decides to open her own engineering business. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.
-Refer to Scenario 13-8.Ellie's annual accounting costs will equal

• A) $55,200.
• B) $75,200.
• C) $80,500.
• D) $165,700.

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Definitions:

Battered Child Syndrome

A medical condition in which physical signs of repeated abuse are found on a child's body, indicative of serious injuries caused by violence or negligence.

Child Maltreatment

Includes physical, sexual, and emotional abuse, as well as neglect of a child by a caregiver or parent.

Permanency Planning

A social work practice aimed at ensuring children in foster care or the welfare system have stable, long-term living situations with nurturing caregiver(s).

Tertiary

Pertaining to the third level or stage in a series, often used to describe the third level of education, which follows secondary education.