What Is True About the Skills Gap

question 29

Multiple Choice

What is true about the skills gap?

• A)Both Germany and Japan have done a better job of teaching basic skills than has the U.S.
• B)The U.S.has done a better job of teaching basic skills than has the Japan.
• C)The U.S.has done a better job of teaching basic skills than has the Germany.
• D)There is no skills gap for basic knowledge in the U.S.

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Definitions:

Financing Activities

Transactions involving external sources of funding, including equity, debt, dividends, and repayment of loans, that are reported in the cash flow statement.

Cash Dividends

payments made to shareholders out of a company’s profits, distributed as cash.

Increase in Income Taxes Payable

An accounting term referring to a rise in the amount of income taxes a company owes to the government, yet has not paid.

Direct Method

A cash flow statement preparation method that shows the specific sources of operating cash receipts and payments.