Which of the Following Statements Is False

question 21

Multiple Choice

Which of the following statements 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.

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Definitions:

Conflict Crimes

are crimes that emerge in the context of conflict, often involving acts such as war crimes, crimes against humanity, and genocide.

Societal Disagreement

Conflicts or disputes arising within a society over values, policies, or practices.

Social Deviation

Behaviors or actions that diverge from the societal norms or values, leading to possible sanctions or social distancing.

Mental Disorder

A behavioral or mental pattern that causes significant distress or impairment of personal functioning, recognized within psychology and psychiatry.