Which of the Following Statements Is False

question 22

Multiple Choice

Which of the following statements is false?

• A)working capital represents assets needed to carry out the normal?operations of the business.
• B)current liabilities that reflect amounts owed but not yet due on the date?of the balance sheet are called accruals.
• C)because of accrual accounting,a firm's net income over some period?is not necessarily the same as its cash flows.
• D)all the above statements are correct.

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Definitions:

Change Outcomes

The results or effects that occur as a consequence of implementing change within an organization.

Better Outcomes

refers to improved results or benefits achieved through particular actions or decisions.

Efforts

The physical or mental energy exerted towards achieving goals, tasks, or overcoming challenges.

Performance

The act of carrying out a task or function, often measured against known standards of accuracy, completeness, and speed.