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Suppose a company wierany records revenues and expenses before receiving or making cash payments. Which of the following statements is NOT FU? Select one: of

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Suppose a company wierany records revenues and expenses before receiving or making cash payments. Which of the following statements is NOT FU? Select one: of sales are falling, net losses could occur even though the company reports nutcash infows from operating activities When the indirect method is sed net cash flows from operating activities includes adjustments for nonchpeses depreciation which would cause net cash from operating activities to be different from income OcNet income and cash flows will always are because even though revenues and expenses can be recorded in different time periods than their related cash flows the differences will cancel out and the results will be the same if sales are sing net profits could occur even though the company reports net cash outflows from operating activities

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