Which Statement Is Correct

question 29

Multiple Choice

Which statement is correct?

• A)Net income equals the cash generated by the company's operations.
• B)Net income seldom reflects the change in cash during the period.
• C)Net income is the most important metric to measure the financial performance of a company.
• D)Cash flow is the most important metric to measure the financial performance of a company.

---

Definitions:

Familiarity

The comprehensive knowledge of someone or something due to extensive experience or close association.

Comfort Level

An individual's state of physical or psychological ease, often characterized by a lack of hardship or distress, and including feeling secure, safe, and untroubled in a particular situation or environment.

Adult Learning Cycle

A concept in educational theory that outlines the continuous process of adults experiencing, reflecting, thinking, and acting as they learn.

Unexpected Assignment

A task or project given with little to no prior notice, requiring immediate attention and action.