Which of the Statements Below Is FALSE

question 10

Multiple Choice

Which of the statements below is FALSE?

• A)A company could show a loss for the operating period but have generated positive cash flow for the business.
• B)Profits are an accounting measure of performance during a specific period of time.
• C)To obtain the operating cash flow,given the net income,we add back depreciation and subtract taxes.
• D)Cash flow is an accounting measure of performance during a specific period of time.

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Definitions:

Consent

Giving permission for something to happen or agreeing to do something, often used in medical contexts to refer to patients agreeing to receive treatment.

Practice Standards

Agreed-upon criteria within a profession that guide and determine the appropriate levels of practice and professional responsibility.