Which One of the Following Is False

question 76

Multiple Choice

Which one of the following is false?

• A)The statement of cash flows can be prepared using cash and cash equivalents rather than just cash, as its base.
• B)The statement of cash flows reports the sources and uses of cash during a specific period.
• C)The statement of cash flows shows the effects on net income of a company's operating, investing, and financing activities for an accounting period.
• D)The statement of cash flows explains the difference between net income, as shown on the statement of income, and the net cash flows generated from operating activities.

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Definitions:

Abnormal Behavior

Actions or behaviors that are significantly deviant from what is considered normal or typical within a cultural or societal context.

Middle Ages

A historical period in Europe spanning roughly from the 5th to the late 15th century, characterized by feudalism, the rise of Christianity, and the lack of central government.

Gambling Addiction

A compulsive need to engage in gambling activities despite the negative effects it has on one’s life.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with normal stresses of life, can work productively, and is able to make contributions to their community.