Which of the Following Statements Is FALSE

question 28

Multiple Choice

Which of the following statements is FALSE?

• A)Depreciation is not a cash expense paid by the firm.
• B)Net Working Capital = Cash + Inventory + Payables - Receivables.
• C)Since 1997,companies can "carry back" losses for two years and "carry forward" losses for 20 years.
• D)Earnings do not represent real profits.

---

Definitions:

Initiation

The start phase in various biological and chemical processes, such as the beginning of DNA replication or protein synthesis.

Elongation

In the context of protein synthesis, elongation is the stage during which amino acids are sequentially added to the growing polypeptide chain by the ribosome.

Termination

The process of ending or concluding something, which in biological contexts can refer to the end of a biochemical process or the death of an organism.

Sequence

An ordered list or arrangement where the items follow a specific pattern or are arranged according to specific criteria.