Examlex
Which of the following is NOT a cash flow and thus should not be reflected in the analysis of a capital budgeting project?
Professionalization
Takes place when members of an occupation insist that people earn certain credentials to enter the occupation. Professionalization ensures standards and keeps professional earnings high.
Credentials
Documents or qualifications proving a person's background, status, or abilities.
Occupation
A person's job or profession, regarded as their main source of livelihood and a means of participating in society.
Educational Achievement
Refers to how much students actually learn.
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