Which Statement Is False

question 102

Multiple Choice

Which statement is false?

• A) Salaries expense + Decrease in salaries payable = Cash payments to employees.
• B) Other revenues + Increase in unearned revenues − Gains on disposal of assets − Equity investment income = Other operating cash receipts.
• C) Sales revenue − Increase in accounts receivable = Cash collections from customers.
• D) Other expenses + Decrease in prepaid expenses − Depreciation expense + Losses on disposal of assets − Equity investment loss = Other operating cash payments.

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Definitions:

Socialize

The process of learning and adopting the norms, customs, and values of society.

Universal

Refers to concepts, conditions, or elements that are common and applicable in all cases, across different cultures, situations, or subjects.

Adolescent Years

A developmental stage that occurs between childhood and adulthood, typically ranging from ages 13 to 19, characterized by significant physical, psychological, and social changes.

Dating

Social activities involved in seeking romantic or sexual partners, often leading to a relationship.