Which Statement Is Correct

question 9

Multiple Choice

Which statement is correct?

• A)Managers are more interested in the net income than the cash generated by the company
• B)Under GAAP,only the income statement is required by investors,creditors and managers.
• C)All companies must have a treasury department to manage their cash resources.
• D)The cash flow statement shows the capacity of the company to sustain its operations.

---

Definitions:

WHMIS

Workplace Hazardous Materials Information System, a comprehensive system for providing information on the safe use of hazardous materials used in Canadian workplaces.

Hazardous Materials

Substances that pose potential risks to health, safety, property, or the environment when transported, handled, or stored.

Oil Industry

A global sector involving the exploration, extraction, refining, and selling of oil and petroleum products.

Socialize Employees

The process of helping new employees understand, adapt to, and integrate into the norms, values, and culture of their workplace.