Group Size Is Recognized as Important For

question 17

Multiple Choice

Group size is recognized as important for:

• A) effective utilization of staff
• B) cost analysis factors
• C) hiring practices
• D) provision of quality education and child care

---

Definitions:

Planning and Control Tool

Instruments or techniques used in the management process to set objectives, assess future trends, and oversee progression towards desired outcomes.

Acid-Test Ratio

A financial metric used to determine a company's short-term liquidity situation by comparing its most liquid assets, excluding inventory, to its current liabilities.

Current Assets

Short-term assets that are expected to be converted into cash, sold, or consumed within one year or within the business's operating cycle, including cash, inventory, and receivables.

Inventory

The total amount of goods and materials held in stock by a business or organization.