FCC FCC Business and Professional Practices

Question 1

What is the primary purpose of a written contract between an FCC provider and a family?

Accepted Answer

To outline fees, hours, and policies to protect both parties

Answer

To replace the need for a state license

Answer

To serve as the child's enrollment record at school

Answer

To satisfy federal tax requirements automatically

Question 2

Which record-keeping practice is most important for an FCC provider to maintain for tax purposes?

Accepted Answer

Tracking all business income and allowable expenses throughout the year

Answer

Keeping only enrollment forms and emergency contacts

Answer

Saving receipts only for items costing more than $100

Answer

Recording only payroll if staff are employed

Question 3

The Time-Space Percentage is used by FCC providers primarily to calculate:

Accepted Answer

The deductible portion of home expenses for taxes

Answer

The ratio of indoor to outdoor play time

Answer

The percentage of children with special needs

Answer

The provider's staff-to-child ratio compliance

Question 4

Which of the following is considered an ethical obligation of an FCC provider under professional codes of conduct?

Accepted Answer

Maintaining confidentiality of families' personal information

Answer

Sharing children's behavioral reports with neighborhood parents

Answer

Discussing a family's financial situation with other enrolled families

Answer

Posting children's full names on social media without consent

Question 5

An FCC provider should include which item in a written sick-child policy?

Accepted Answer

Clear criteria for when a child must be excluded due to illness

Answer

A list of acceptable home remedies the provider can administer

Answer

A requirement for parents to call the pediatrician before drop-off

Answer

Instructions for other enrolled children to avoid the sick child

Question 6

When setting tuition rates, an FCC provider should consider all of the following EXCEPT:

Accepted Answer

The hair color of enrolled children

Answer

Local market rates for comparable child care

Answer

The true cost of providing quality care

Answer

Provider's credentials and years of experience