Children Need to Know Both the Rules of the Early

question 27

Multiple Choice

Children need to know both the rules of the early childhood art center and the:

• A) ways those rules affect other people.
• B) reasons behind the rules.
• C) incentives for participating in the art center.
• D) consequences for breaking the rules.

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Definitions:

Sum-Of-The-Years-Digits

A method of accelerated depreciation where the asset’s cost is multiplied by a sequence of fractions representing the sum of the years’ digits.

Resale Value

Resale value is the expected amount that an asset or item will sell for in the future after accounting for depreciation.

Office Furniture

Items of furniture intended for use in various office tasks, such as desks, chairs, and filing cabinets.

Double-Declining-Balance

A method of accelerated depreciation where an asset's book value is reduced at twice the rate of its straight-line depreciation.