Which of the Following Statements Is Not True? the Information

question 204

Multiple Choice

Which of the following statements is not true? The information in the statement of cash flows helps investors, creditors and others

• A)assess a company's ability to produce future cash inflows.
• B)judge a company's ability to meet it obligations and pay dividends.
• C)estimate the company's needs for external financing.
• D)show the inflows and outflow of net income on the accrual basis.

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Definitions:

Rule of Men

A system of governance where laws and decisions are made based on the whims, desires, or personal judgments of individuals, rather than based on a system of laws or principles.

Democratic Governance

A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.

State of Nature

A concept in political philosophy used to describe the condition of humanity before the establishment of society or the state.

Agreement

A mutual understanding or arrangement, often formalized by a contract, between two or more parties.