Paul and Mary Have a Toddler, Peter, and Are Expecting

question 39

Multiple Choice

Paul and Mary have a toddler, Peter, and are expecting a new baby. What is the best advice for assisting Paul and Mary in helping Peter to adjust?

• A) Make sure he knows he is their favorite.
• B) Let him have special privileges such as staying up late and eating whatever he wants.
• C) Encourage him to help take care of the new baby after it's born.
• D) Send him to stay with his grandparents for a few weeks while they get settled with the new baby.

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Definitions:

Fixed Assets

Long-term tangible assets used in the operation of a business, such as buildings, machinery, and equipment, not easily converted into cash.

Source of Cash

Any activity or operation within a business that generates cash inflow.

Inventory Acquisition

The process of obtaining and adding goods or materials to a company's stock for further sale or use.

Cash Increase

An uptick in the amount of liquid assets (cash and cash equivalents) that a company or individual has on hand.