Which of the following is not true? (Points : 5) A.The statement of cash flow...
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Accounting
Which of the following is not true? (Points : 5)
A.The statement of cash flow provides information to help investors and creditors assess the cash and noncash investing and financing transactions during the period.
B. A company can convert net income to net cash flow utilizing either the direct or indirect method.
C. When prepaid expenses decrease during a period, expenses on the accrual basis are lower than on the cash basis.
D. When the accounts receivable balance decreases, cash basis revenues are higher than accrual basis revenues.
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