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Title: Define break-even analysis and list the steps involved in calculating a break-even financial ... Post by: courtney4264 on Mar 14, 2018 Define break-even analysis and list the steps involved in calculating a break-even financial situation.
What will be an ideal response? Question 2 When you start up a for-profit child care center, you ___. a. should use your personal checking account b. should not purchase liability insurance because it is too expensive c. should open up a business checking account d. should not worry about incorporating the business Question 3 Block Grants, such as the Child Care and Development Grant Fund (CCDF), have been used to a. start up new centers. b. improve the affordability and quality of existing centers. c. improve the quality rating in the states QRIS. d. all of these. Question 4 One critical issue facing the preschool system is a. whether public schools should take over education of the Pre-K program or leave that to the centers that already exist. b. whether directors or board members should receive higher salaries. c. whether playground equipment should be made of rubber or wood. d. whether individual families should hold bake sales to raise money or collaborate with neighbors. Question 5 In determining the amount of funds needed to run a program, a (n) ___ is useful. a. center enrollment report b. accounts receivable report c. break-even analysis d. budget comparison chart Question 6 A good way to make money for major projects such as renovating a building is to ___. a. have a bake sale b. have a car wash c. have a raffle d. apply for a bank loan Question 7 What does RFP stand for? a. References for Personnel b. Request for Payment c. Request for Proposal d. all of the above Question 8 Examples of fixed cost expenses include ___. a. rent and utilities b. salaries and benefits c. Classroom materials (i.e., construction paper. paste, crayons) d. rent and utilities, salaries and benefits, and insurance Question 9 Before beginning a major fund-raising campaign, the director or board chairperson must ensure that ___. a. resources are available to keep accurate records b. resources are available to notify donors that their contribution has been received c. the center has an IRS exemption d. all of the above Title: Define break-even analysis and list the steps involved in calculating a break-even financial ... Post by: bpetronick on Mar 14, 2018 Content hidden
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