There Are Believed to Be More Than 254,000 Licensed Childcare

question 8

True/False

There are believed to be more than 254,000 licensed childcare centers and 116,000 licensed childcare homes in the United States.

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Definitions:

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Activity Base

A measure or factor used for allocating costs to activities, typically driving the amount of expense incurred in producing a product or providing a service.

Service Departments

Units within an organization that provide support services to other departments but do not directly contribute to revenue generation.

Return On Investment

A measure used to evaluate the profitability of an investment, calculated as a ratio of net profit to the initial cost of the investment.