Which of the Following Statements Is False

question 24

Multiple Choice

Which of the following statements is false?

• A) Not all revenues are receipts of cash
• B) Some receipts of cash do not add to profits
• C) Not all expenses are payments of cash
• D) All payments of cash are expenses

---

Definitions:

Top Managers

Executives at the highest level of organizational management who are responsible for the overall direction and success of the company.

Economic Value Added

A measure of a company's financial performance that shows the net profit earned above the cost of capital.

Definition

A statement that explains the meaning of a term or a concept.

Pure Play Approach

A method of evaluating investment risk by focusing on a single industry or sector, assuming the business operates solely within that domain.