Which of the Following Statements Is False

question 6

Multiple Choice

Which of the following statements is false?

• A) Cash flow should be calculated on an after-tax basis.
• B)The tax cost to a business should not be regarded as a cost of doing business.
• C) Income tax should be considered a controllable cost.
• D) The value of an enterprise should not be based on pre-tax cash flow.

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Definitions:

Abbreviation

A shortened form of a word or phrase used for convenience.

M

Often used as an abbreviation for "meter" in metric measurements or as a designation for thousands in units of measure.

Internal Threads

The threads located within a hole or bore, allowing for the screwing in of a mating part with external threads.

Tap

A tool used to cut internal threads into a hole, creating a surface that can accommodate a screw or bolt.