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.

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Definitions:

Math Quiz

A test or examination designed to assess an individual's mathematical knowledge and skills.

Cognitive Illusions

The systematic biases and errors in human decision making.

Decision-Making System

The cognitive process resulting in the selection of a belief or course of action among several alternative possibilities.

Gambler's Fallacy

The mistaken belief that if something happens more frequently than normal during a certain period, it will happen less frequently in the future, or vice versa.