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which of the following statement is true REGARDING NET INCOME AND CASH FLOWS? A) Accounts receivable appears in the equity section of the balance sheet.
which of the following statement is true REGARDING NET INCOME AND CASH FLOWS?
A) Accounts receivable appears in the equity section of the balance sheet.
B) net income is more difficult to manipulate in a fraudulent manner than is cash.
C) A decrease in a firm's short term assets increases that firm's Cash flow from assets.
d) Net income and cash will always be affected equally by a change in depreciation expense.
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