Net Income Differs from Net Cash Flows from Operations Because

question 7

Multiple Choice

Net income differs from net cash flows from operations because of all the following except:

• A)Non-cash expenses such as depreciation.
• B)Timing differences between recognizing revenue and expenses and their cash flows.
• C)Gains and losses included in net income but classified as investing or financings activities.
• D)Non-cash expenses such as depreciation,timing differences between recognizing revenue and expenses and their cash flows,and gains and losses included in net income but classified as investing or financings activities will all cause a difference between net income and cash flows.

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Calm

A state of peacefulness and tranquility, characterized by freedom from disturbance or agitation.

Team Player

Works cooperatively with a group of people.

Work Cooperatively

The act of working together with one or more individuals to achieve a common goal or complete a task.

Punctual

The characteristic of being on time or performing an action at the agreed or proper time.