A Nurse Is Running for Public Office and Plans to Fund

question 19

Multiple Choice

A nurse is running for public office and plans to fund a comprehensive program to prevent teen pregnancy.When asked how to justify the cost of such a venture,what information could the nurse provide?

• A) A quarter of teen mothers give birth to a second child within 2 years of the first child.
• B) Fifty percent of teen mothers go on welfare within 5 years of the birth of their first child.
• C) Only a small percentage of teen mothers will complete any education beyond high school.
• D) The rate of teen pregnancy in America is double that of other developed countries.
• E) There are so many teenage mothers they are overwhelming the health-care system.

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Definitions:

Impairment Loss

A reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount, recognized in the financial statements.

Net Realizable Value

The estimated selling price of goods, minus estimated costs of completion and any costs necessary to make the sale.

Volume Rebates

Discounts or refunds provided to buyers based on the volume of goods or services purchased over a specified period.

IAS 34

refers to the International Accounting Standard 34 "Interim Financial Reporting" that outlines how to report financial figures for interim periods.