Which of the following best explains a difference between net cash flow and net profits?

Responses

Ending cash balance $=$ net profits $-$ net cash flow

Ending cash balance $=$ net profits $-$ net cash flow

Net cash flow considers only those transactions that are profitable, while net profits only considers the profitable transactions

Net cash flow considers only those transactions that are profitable, while net profits only considers the profitable transactions

The accountant made a mistake

The accountant made a mistake

There are timing differences between the time a sale is recognized and the time payment is received