Depreciation Expenses reported on the Income Statement will end up increasing the (host) firm's Cash Flows by the same amount

True

False

Depreciation Expenses reported on the Income Statement will reduce the (Income) Tax Expenses.

True

False

If a firm's Accounts Receivable amount increased over time, the firm has not received cash during the time. This is presented as a decrease of cash flows during the time.

True

False

If a firm's Inventory Account has increased during one accounting period, the firm must have spent its cash for the amount of the increase. This spending will result in an increase of its cash flows.

True

False