An Organization Called Teach for Canada Provides a Critical Source

question 97

Multiple Choice

An organization called Teach For Canada provides a critical source of well-trained teachers who are helping break the cycle of educational inequity. These teachers, called corps members, commit to teaching for two years in one of 39 urban and rural regions across the country, going above and beyond traditional expectations to help their students achieve at high levels. Teach For Canada's alumni are playing critical leadership roles in the effort to improve the quality of public education in low-income communities. Armed with the experience, conviction, and insight that come from leading children to reach their potential, alumni are working from all sectors to shape our schools, policies, and investments in low-income communities. What objective might Teach For Canada have, based on this description of its company mission?

• A) Teach For Canada will transition from a nonprofit to a for-profit organization in 2015.
• B) Teach For Canada will open a food bank in low-income communities in each of its 39 regional offices.
• C) Teach For Canada will increase the number of its alumni in leadership positions within school systems across the country by 10 percent each year.
• D) Teach For Canada will change the corps member service commitment to four years, versus two.
• E) Teach For Canada will open ten new regional offices by the year 2020.

Determine the accounting methods appropriate for different levels of ownership in another company's stock.

Distinguish between the cost method and equity method of accounting for long-term investments.

Calculate and record the initial cost of purchasing stock, including related fees.

Understand the accounting treatment for bond purchases and sales, including the impact of accrued interest.

---

Definitions:

Ultimatum Game

A game in economic experiments where two players decide how to divide a sum of money, with one proposing the split and the other accepting or rejecting it.

Time Inconsistency Problems

A situation in which a person's preferences change over time, such that what they plan to do in the future is inconsistent with their future desires, leading to potential issues in decision-making or policy settings.

Precommitments

Voluntary actions or pledges made in advance by an individual or organization to restrict future choices, usually to avoid impulsive behavior or to stick to a strategic plan.

Behavioral Economists

Professionals who explore how various psychological, cognitive, emotional, cultural, and social factors affect the economic decisions made by both individuals and institutions.