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The important difference between profits and cash flow... Group of answer choices a) is that profits are an accounting measure of performance while cash flow
The important difference between profits and cash flow...
Group of answer choices
a) is that profits are an accounting measure of performance while cash flow is the actual movement of cash in and out of a business.
b) is that profits are an accounting measure of company performance while cash flow must always be discounted to present values.
c) is that profits are used to pay for labor and expenses to run the business while cash is used for financial analysis.
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