Assume Revenues Are Received in Cash and Expenses,except for Depreciation,are

question 53

Multiple Choice

Assume revenues are received in cash and expenses,except for depreciation,are paid in cash.Based on this assumption,which of the following statements is true?

• A)Net cash flows for a period are equal to net income minus depreciation expense.
• B)Net cash flows for a period are equal to net income.
• C)Net cash flows for a period are equal to net income plus depreciation expense.
• D)Net cash flows for a period are equal to net income plus income tax expense.

---

Definitions:

Adult Club

A venue typically restricted to individuals over a certain age, where adult entertainment or activities are available.

Street Harassment

Unwanted comments, gestures, and actions forced upon a stranger in a public place without their consent.

Verbal Harassment

The use of words to cause harm to the person being spoken to, including threats, insults, or offensive language.

Flashing

Flashing is the act of briefly exposing parts of the body that are typically covered, often for shock value, protest, or sexual exhibitionism.