Which Statement Is Not Correct

question 12

Multiple Choice

Which statement is not correct?

• A) Information in the cash flow statement is useful in assessing the ability of an entity to pay its debts as they fall due.
• B) A comparison of the cash flow statement and the income statement can indicate to what extent the profit is represented by cash inflows.
• C) The cash flow statement classifies cash flows into operating investing and financing groupings.
• D) Operating activities are concerned with activities involving the sales and purchases of fixed assets.

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Definitions:

Respiratory Breathing

The process of inhaling oxygen and exhaling carbon dioxide through the respiratory system, essential for life and cellular function.

Abdominal

Pertaining to the abdomen, the body region that contains the majority of the organs of the digestive system, as well as the liver, pancreas, and kidneys.

Apical Heart Rate

The number of heartbeats per minute as measured at the apex of the heart, typically done using a stethoscope placed on the chest.

Beats/Min

A measurement indicating the number of heartbeats per minute, typically used to assess heart rate.