Net Cash Flow Is the Difference Between the Value Added

question 20

True/False

Net cash flow is the difference between the value added and the cash on hand at the end of the period.

---

Definitions:

Agency

A legal entity in which one party (the agent) is authorized to act on behalf of another (the principal) in creating legal relationships with third parties.

Effective

The degree to which something is successful in producing a desired or intended result.

Authority

The legal right or power to make decisions, give orders, or act on behalf of another person or entity.

Liable

Being legally responsible for an action or outcome; subject to legal obligation or liability.