Many People in Fields Such as Nursing, Engineering, and Accounting

question 45

Multiple Choice

Many people in fields such as nursing, engineering, and accounting keep their skills up to date by taking formal courses and ________.

• A)getting internships
• B)reading journals and attending conferences
• C)getting fellowships and scholarships
• D)going through training programs

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Definitions:

Statement of Cash Flows

An overview presenting the effects of changes in income and balance sheet figures on cash and cash equivalents, categorized by operating, investing, and financing activities.

Indirect Method

An approach used in cash flow statements where net income is adjusted for changes in non-cash working capital and other items to arrive at net cash flow from operating activities.

Fixed Assets

Fixed assets are long-term tangible assets that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment.

Percentage-Of-Completion Method

An accounting method used to recognize revenues and expenses of long-term projects proportionate to the work completed during the period.