Which Statement About Net Profit Is Not True

question 68

Multiple Choice

Which statement about net profit is not true?

• A) Net profit normally represents the amount of cash generated from operations for the period.
• B) Net profit increases equity.
• C) Net profit is a measure of achievement or productive effort.
• D) None of the statements, i.e. all are true.

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Definitions:

Flexibility

The ability to adapt to new, changing, or emerging conditions and situations with ease.