Terms Used in Completion Questions

question 7

Short Answer

Terms used in completion questions:
activity
activity goal
concepts
creativity
elements
participants
possible outcomes
skills
teaching strategies
vocabulary
-__________ are the single ideas about an object or subject written and spoken simply for a child's understanding. One of the elements of a Curriculum Activity Guide.

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Definitions:

Inventory

Goods and materials that a business holds for the ultimate goal of resale or processing.

Variable Costing

A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost determination.

Operating Expenses

Recurring expenses related to the core operations of a business, excluding the cost of goods sold, such as rent, utilities, and salaries.

Net Income

The net income a business generates once all costs and taxes are deducted from its total revenue.