Which of the Following Statements Is FALSE

question 38

Multiple Choice

Which of the following statements is FALSE?

• A)If a company anticipates an ongoing surplus of cash,it may choose to increase its dividend payout.
• B)Seasonal sales can create large short-term cash flow deficits and surpluses.
• C)The first step in short-term financial planning is to forecast the company's future net working capital.
• D)Deficits resulting from investments in long-term projects are often financed using long-term sources of capital,such as equity or long-term bonds.

---

Definitions:

Establishing Legitimacy

The process through which an entity or individual gains acceptance, credibility, and recognition by adhering to societal norms, standards, or laws.

Stakeholders

Individuals, groups, or organizations that are affected by, or have an interest in, the operations and outcomes of a particular project, program, or policy.

Highly Integrated

Being highly integrated refers to systems or processes that are closely interconnected and work seamlessly together to achieve a common goal.

Major Oil Companies

Large, international companies that are involved in the extraction, production, refinement, and distribution of oil.