The General Rule for Determining the Cash Flow Received from Any

question 49

True/False

The general rule for determining the cash flow received from any revenue or paid for any expense (except depreciation,which is a special case)is to determine the potential cash payments or cash receipts and add the amount not paid or not received.

---

Definitions:

Proletariat

The class of wage-earners, especially in a capitalist society, who do not own the means of production and whose only sustainable means of livelihood is to sell their labor.

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and revolutionary socialist whose works have significantly influenced socialist and communist movements worldwide.

Social Stratification

The hierarchical arrangement and classification of individuals or groups in society based on wealth, income, social status, occupation, or other criteria.