Which of the Following Questions Is FALSE

question 7

Multiple Choice

Which of the following questions is FALSE?

• A)Net Working Capital = Current Assets - Current Liabilities.
• B)Because depreciation is not a cash flow,we do not include it in the cash flow forecast.
• C)Tax loss carrybacks allow corporations to take losses during the current year and use them to offset income in future years.
• D)Earnings are an accounting measure of firm performance.

---

Definitions:

Karyogamy

The final phase of the sexual cycle of fungi and algae, where the nuclei of two mating types or gametes fuse together to form a zygote.

Basidium

A microscopic, spore-producing structure found on the gills under the cap of a mushroom, characteristic of Basidiomycota fungi.

Mushrooms

Fungi that produce a fruiting body above or on the surface of soil, commonly edible and known for their variety in form and biological properties.

Blastospores

A type of spore produced by some fungi and protozoans during asexual reproduction, serving as an agent for dissemination.