Economic Resources Do NOT Include

question 29

Multiple Choice

Economic resources do NOT include:

• A)natural resources
• B)real capital assets
• C)human effort
• D)stocks and bonds
• E)human ingenuity

Identify the impact of changes in current assets and liabilities on cash flows from operating activities.

Recognize and differentiate between gains, sales, and losses on sales or disposals of assets and their effect on the statement of cash flows.

Understand the concept and classification of cash flows in operating, investing, and financing activities.

Analyze and interpret the effects of specific transactions on the statement of cash flows.

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Definitions:

Nursing Care Facility

A place of residence for individuals who require constant nursing care and have significant deficiencies with activities of daily living.

Assessing Clients

The process of evaluating the needs, conditions, and circumstances of clients, typically in a healthcare, social work, or coaching context to provide appropriate services or interventions.

Cognitive Awareness

The understanding and perception of one's own thought processes and the ability to be conscious of them.