Which of the Following Was a Goal of the Earliest

question 5

Multiple Choice

Which of the following was a goal of the earliest daycare centres?

• A)to turn children into productive members of society
• B)to give mothers a break from constantly caring for their children
• C)to provide better care than children would get at home
• D)to meet the needs of working parents

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Definitions:

CCA Class

It stands for Capital Cost Allowance Class, a categorization in tax systems for different types of depreciable properties to determine the depreciation rate for tax purposes.

Net Advantage to Leasing

A calculation used to assess the financial benefits of leasing equipment versus purchasing it outright.

After-Tax Discount Rate

The discount rate that has been adjusted to reflect the net of tax status, used in calculating the present value of future cash flows after taxes.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life uniformly.