Dana Is Struggling with the Decision to Place Her Mother

question 13

Multiple Choice

Dana is struggling with the decision to place her mother in a nursing home, and wants her mother to enjoy her time and remain active as much as possible. Based on research in social-cognitive concepts, which of the following nursing homes would likely be the best choice?

• A) one that offers a long list of activities for the residents to choose from every hour
• B) one that has residents in charge of minor daily tasks and offers some degree of control over the timing of their activities
• C) one that provides a fixed, prescribed schedule of activities with no need to make choices
• D) one that takes care of their every need without requiring any effort by the residents

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid, respectively.

Recorded When Incurred

An accounting principle that stipulates expenses should be recognized in the financial statements in the period they are incurred, regardless of when the cash payments are made.

Adjusting Entries

Journal entries made at the end of an accounting period to update account balances before financial statements are prepared.

Account Balances

The total amount of money in a financial account, calculated by adding all credits and subtracting all debits.