Which of the Following Statements Is FALSE

question 177

Multiple Choice

Which of the following statements is FALSE?

• A) The returns to college education have been increasing over time.
• B) College graduates earn about twice that of high school graduates.
• C) There is almost no return to getting more education beyond a bachelor's degree.
• D) Grade school deficiencies may limit the number of people entering college, increasing the returns to education.

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Definitions:

Dividends Declared

Profits distributed by a company to its shareholders, usually determined by the company's board of directors.

Statement of Retained Earnings

A financial document showing how a company's retained earnings have changed over a period due to dividends and earnings.

Expense Account

An expense account refers to a ledger account that tracks money spent or costs incurred in a business's operational activities.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company to be reinvested in its core business or to pay debt.