[Centennial 05/2020] ACCT 123 - Section 005 & 006 Anne Burpee Dashboard / My courses / [Centennial 05/2020] ACCT 123 - Section 005 & 006 Anne Burpee / Tests / Test 1 Question 3 number of years. Which of the following statements concerning the Not yet answered A company has consistently earned profits over relationship between cash and profits is true? Marked out of 1.00 Select one: a. Consistent profits means that the company will have a large cash balance b. A profit does not guarantee that there is cash in the bank Flag question c. The balance of cash increases and decreases with profits d. Earning profits means that a company will always have a positive cash balance Previous page Next page