All of the Following Statements Are True, Except

Multiple Choice

All of the following statements are true, except:

A) To analyze operations properly you need both the income statement and the cash flow statement.
B) In the long run total profits and net cash flows will be very similar.
C) The cash flow statement considers events that the income statement does not.
D) The cash flow statement and the income statement both cover the period of a year because profits and cash flows are very similar over the period of a year.