The Fourth Equity Principle Identified by the NSW Department of Education

question 5

Multiple Choice

The fourth equity principle identified by the NSW Department of Education and Training in 2008 states: 'The diversity of the population is recognised and valued by …'

• A) clear pathways to employment and life-long learning.
• B) inclusive approaches to development, conduct and evaluation of programs.
• C) commitment to equity principles and practices.
• D) allocation of public resources to narrowing gaps in education that reflect social inequalities.

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Definitions:

GAAP

Generally Accepted Accounting Principles; a framework of accounting standards, rules and procedures defined by the professional accounting industry, used to compile financial statements.

FASB

The Financial Accounting Standards Board, an organization that establishes financial accounting and reporting standards in the United States.

Financial Accounting

The field of accounting focused on the summary, analysis, and reporting of financial transactions pertaining to a business, leading to the creation of financial statements.

Decision-making

The process of selecting the best course of action from available alternatives based on specific objectives and constraints.