Which of the Following Is NOT a Source of Cash

question 42

Multiple Choice

Which of the following is NOT a source of cash?

• A) The firm reduces its inventory.
• B) The firm pays off some of its long-term debt.
• C) The firm has positive net income.
• D) The firm sells more common stock.

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Definitions:

Congress

The legislative body of the United States government, consisting of two chambers: the Senate and the House of Representatives.

U.S. Constitution

The supreme law of the United States, establishing the framework of the national government, fundamental rights, and liberties of individuals.

Enumerated Powers

Specific powers granted to the United States Congress by the Constitution, including the authority to coin money, regulate commerce, and declare war.

Article I, Section 8

A section of the United States Constitution that outlines the powers of Congress, including taxation, borrowing money, regulating commerce, and declaring war.