Why these sentences are incorrect

Cash flows are essentially the same as net income because they are both measured using accrual accounting principles The predictive value and confirmatory value of financial information are not interrelated Neutrality is the exercise of caution when making judgments under conditions of uncertainty Information about how cash is used as well as when cash is received can be found in the statement of financial position Large corporations such as wal-mart, coca-cola, and nike operate as manufacturing business Service-type of business focus on providing tangible products A sole proprietorship business can only engage in service activities The income statement summarizes the operating activity of a company as of a given point in time