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.

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Definitions:

Structural Violence

Physical and/or psychological harm caused by impersonal, exploitative, and unjust social, political, and economic systems.

Globalization

Worldwide interconnectedness, evidenced in global movements of natural resources, trade goods, toxins, human labor, finance capital, information, and infectious diseases.

Structural Violence

A form of violence wherein social structures or institutions harm people by preventing them from meeting their basic needs.

Equality

The state of being equal, especially in status, rights, and opportunities.