A company discovers that its cost of goods sold is understated by an insignificant amount. It does not need to correct the error because of the materiality concept

Frederick W. Taylor's scientific management approach focused on intrinsic motivational elements, such as opportunities for personal satisfaction

Indicate whether the statement is true or false.

Which of the following is not an operating activity?

A) Cash collections from credit customers B) Cash payments for operating expenses C) Cash receipts for interest earned D) Cash payments for dividends to stockholders