Which of the Following Statements Is FALSE

question 16

Multiple Choice

Which of the following statements is FALSE?

• A)Firms with seasonal cash flows may find themselves with a surplus of cash during some months that is sufficient to compensate for a shortfall during other months.However,because of timing differences,such firms often have short-term financing needs.
• B)A company forecasts its cash flows to determine whether it will have surplus cash or a cash deficit for each period.
• C)Like seasonalities,positive cash flow shocks can create short-term financing needs.
• D)When sales are concentrated during a few months,sources and uses of cash are also likely to be seasonal.

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Definitions:

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information, as well as being involved in memory and speech.

Frontal Lobe

Part of the cerebral cortex involved in decision making, problem-solving, control of purposeful behaviors, consciousness, and emotions.

Occipital Lobe

The region of the cerebral cortex at the back of the brain, responsible for processing visual information.

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information and is also involved in memory and speech.