money blog

These are useful and collceted by Anne!
Question: need help on this test plz hear me out and help me?
Mrs. Carroll and her sister, Ms. Howard, plan to operate a small
day care center in a remodeled building. They’re licensed and
staffed to handle up to 24 children. Ms. Howard doesn’t plan to
work at the center and hasn’t incurred as many debts or
responsibilities as Mrs. Carroll. She originally invested ,000 in
the business and Mrs. Carroll invested ,000.
1. Mrs. Carroll and her sister want to keep their taxes low and
keep Ms. Howard’s liability to the amount of her original investment.
Which type of business arrangement would be best for
them?
A. Sole proprietorship C. Limited partnership
B. General partnership D. Corporation

2. Mrs. Carroll and Ms. Howard decide to divide all profits and share all losses using a fixed
ratio. If the ratio agreed upon is in proportion to their original investment, what would be
Ms. Howard’s share of a ,000 end-of-year profit? (Hint: The original total investment
was ,000—,000 from Ms. Howard and ,000 from Mrs. Carroll. Ms. Howard’s
,000 is one-fourth, or 25 percent, of the total.)
A. ,000 C. ,000
B. ,000 D. ,000

3. What type of business tax form do Mrs. Carroll and Ms. Howard need to file 75 days after
the close of the fiscal year?
A. Schedule C C. Form 1120
B. Form 1065 D. Form 990

4. Carefully read the following paragraph:
Learning takes place during all the child’s activities and interactions. The classroom is
organized to give children opportunities to explore, discover, and grow in a warm, secure
environment, with teachers prepared to guide and challenge.We recognize that all children
are unique individuals who learn in different ways, at different times, and from each other
as well as from adults.
This statement is an example of
A. standards. C. regulations.
B. a philosophy. D. a goal.

5. You’re hoping to receive federal funds for your child care center. According to Title XX of
the Social Security Act, you must
A. meet standards of both local and state laws.
B. be accredited in the state in which you operate.
C. first operate your business for a prescribed number of years.
D. limit group size for children ages 0–14.
6. The licensing standard for the staff/child ratio in a classroom of three-year-olds is 1:10.You
have 22 three-year-olds in your center.What is the minimum number of staff you need to
meet the licensing standard?
A. 1 C. 3
B. 2 D. 4

7. What is the largest age group represented?
A. Infants C. Ages three to five
B. Toddlers D. School-age children

8. The survey tally shows a total of _______ working parents. (Hint: Be careful when calculating
the number of working parents for families in which both parents work.)
A. 37 C. 69
B. 54 D. 76

9. According to DHHSDCR, how many groups of 3–6 year olds would you need if all the children
in that age group were enrolled at your facility?
A. 2 C. 4
B. 3 D. 5

10. In a day care facility, items such as exit doors and heating appliances are inspected by the
A. zoning committee. C. fire department.
B. building and safety committee. D. sanitation department

11. You’ve just completed the coursework necessary to receive a CDA credential.You’re ready
to apply for an assessment.You’ve decided you want to receive endorsement for infants
and toddlers. In what environment would your assessment occur?
A. State-licensed day care center
B. Family day care home
C. Private home using a home visitor
D. Day care facility in a fitness center

12. Carolyn has been operating a licensed day care facility for three years. She’s now considering
applying for accreditation. Why would Carolyn want to do this?
A. Accreditation represents a level of performance above minimum standards required for
licensing.
B. The accreditation remains in effect as long as she’s operating the facility.
C. Accreditation is required after three years of operation.
D. Her facility would have programs superior to those of nonaccredited facilities.

13. You’re attempting to teach Brian, a preschooler, how to arrange a group of five blocks from
largest to smallest. First, you explain what you want him to do; then you do it yourself so he
can see what he’s supposed to do. As Brian attempts to arrange the blocks himself, you
provide encouragement. When he’s successful, you reward him with a star sticker. In this
situation, you’re using the _______ learning method.
A. cognitive C. developmental-interaction
B. behavior D. eclectic

14. Recently you’ve noticed that the supply of disposable diapers at your day care facility is
being used faster than usual.You’ve had to place an order twice this month and you usually
order only once each month.You suspect that a new employee may be taking diapers to
use for her baby. Finally you see her taking some diapers home and she admits the theft.
What type of insurance would cover your loss?
A. Liability C. Burglary
B. Workers’ compensation D. Fidelity bond

15. You’re attempting to determine the usable
its child day care and if your not willing to help a kid maybe you shouldnt have one! and im not a kid im 21 with a 5year old daughter (the reason i dropped out of high school and now im trying to finish)

The answer in the following:

Answer by Damien is finally here! 12/19/09
Sorry kid, but that’s a little long to be posting, especially in this section:/

Answer by cameron D
you expect me to answer 15 word questions for you?

Answer by Big Bears Fan
I really wish I could help you, but I’m only thirteen. I did read it and tried, but it’s a little over my head. Can I suggest posting this again in the homework help, or mathematics section? Kudos to you for going back to high school!

Add your own answer in the comments!