With Many Financial Statement Frauds, (Net Income-Cash from Operations)/Total Assets

question 62

Multiple Choice

With many financial statement frauds, (Net Income-Cash from Operations) /Total Assets will _________ over time:

• A) Stay around zero.
• B) Be positive.
• C) Be negative.
• D) Can't be determined.

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Definitions:

Thimble

A small protective shield worn on the finger or thumb to prevent injury when sewing, or a component used to anchor or guide a rope or cable.

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The act of dividing something into parts or sections that are of the same size or value.

Machinist Rule

A machinist rule is a precision measuring instrument used by machinists to measure distances and dimensions accurately.

Dial Caliper

A mechanical measuring caliper with a rotary display scale.