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Which of the following statements concerning the net worth shown on a financial position statement is correct? Answers: A. A client with negative net worth

Which of the following statements concerning the net worth shown on a financial position statement is correct?

Answers:

A. A client with negative net worth must file for bankruptcy.

B. A client with substantial net worth will have substantial cash flow.

C. A client with a negative net worth can have a positive cash balance.

D. A client with a high net worth cannot have a zero cash balance.

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