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The Knowledge, Skills, and Capabilities That Impact a Company's Performance

question 53

True/False

The knowledge, skills, and capabilities that impact a company's performance but do not necessarily show up on its balance sheet are known as human capital.


Definitions:

Asset

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Life Estimate

A projection or approximation of the duration or longevity of an entity, product, or component.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.

Investment Value

The worth of an asset or company to a particular investor, considering individual investment requirements and expectations.

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