The Knowledge That Students Gain While in College Is Referred

question 55

True/False

The knowledge that students gain while in college is referred to by economists as human capital.

---

Definitions:

Operating Activities

The day-to-day tasks involved in managing a business which include production, sales, and the purchase of inventory.

Cash Dividends

A distribution of a company's earnings to shareholders in the form of cash payments.

Direct Method

A way of preparing a cash flow statement where actual cash inflows and outflows from operational activities are listed directly.

Operating Activities

Aspects of a business related to its core operations, including production, sales, and delivery of its products and services, as reflected in cash flows within the operating section of the cash flow statement.