Based on Projected Increases in the Number of Older US

question 16

Multiple Choice

Based on projected increases in the number of older US citizens,a planning committee wants to establish a day care program for the community's older adult population.During which stage is the need for this program being assessed?

• A) Inactive stage
• B) Interactive stage
• C) Preactive stage
• D) Reactive stage

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Definitions:

Loss

The reduction in the financial valuation of an investment, or when expenses exceed the income or total amount invested.

Net Capital Spending

The total spending on fixed assets minus the proceeds from the sale of fixed assets.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of the issuing corporation's stock, rather than cash.

Retained Earnings

The portion of net income not distributed as dividends to shareholders but retained by the company for reinvestment in its core business, or to pay debt.