Which of the following statements is incorrect?

A firm's capital, also known as productive assets, generate the least amount of the cash flows for the firm.

All the answers are correct except one.

Financing decisions are about determining how the firm should finance or pay for assets.

Agency costs are the costs incurred because of conflicts of interest between a principal and an agent.

A major advantage of a corporation is that stockholders have limited liability for debts and other obligations.