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Which of the statements below is FALSE? A) A company could show a loss for the operating period but have generated positive cash flow for
Which of the statements below is FALSE?
A) A company could show a loss for the operating period but have generated positive cash flow for the business.
B) Profits are an accounting measure of performance during a specific period of time.
C) To obtain the operating cash flow, given the net income, we add back depreciation and subtract taxes.
D) Cash flow is an accounting measure of performance during a specific period of time.
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