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The statement of cash flows shows if the company has the ability to meet its debts. True False Question 19 (1 point) Depreciation is an

The statement of cash flows shows if the company has the ability to meet its debts. True False Question 19 (1 point) Depreciation is an expense that shows the "using up" of an asset A) True B) False Question 20 (1 point) A corporation must have thousands of owners. True False Question 21 (1 point) All companies have a petty cash fund A) True B) False Question 22 (1 point) Cross-indexing provides a mechanism to trace the a transaction A) True

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