What Is One Reason an Increased Demand for Life-Long Learning

question 17

Multiple Choice

What is one reason an increased demand for life-long learning will occur?

• A) Nearly all older people like the university environment.
• B) As technological and social changes occur in Canadian society, more older people will feel alienated and will go back to classes to readjust.
• C) As life expectancy increases, there will be more older people.
• D) Younger people today have higher levels of education and people with more education tend to keep taking classes as they age.

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Definitions:

Outstanding Deposits

The total amount of money deposited in a financial institution that has not yet been credited to the depositor's account.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or to a specified person.

Collection Delay

The time lag between when a company issues an invoice and when it actually receives payment, affecting cash flow and liquidity.

Average Daily Receipts

The average amount of money received by a company per day over a given period, often used to measure cash flow or performance.