Ena Is an Average 3-Year-Old

question 1

Multiple Choice

Ena is an average 3-year-old.By this age,we would expect her to be able to use about _____ different words.

• A)100 to 500
• B)900 to 1,000
• C)3,000 to 6,000
• D)12,000 to 20,000

---

Definitions:

Financial Reporting

The communication of financial information, such as balance sheets and income statements, to stakeholders to help in decision-making.

Contribution Margin

The differential between sales and variable costs, indicative of a product's profitability before fixed costs are subtracted.

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production expenses, in contrast to fixed costs.

Fixed Manufacturing Cost

Expenses that do not change with the level of production, such as rent for factory premises, salaries for permanent staff, and depreciation of equipment.