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    Exam 3: Income Flows versus Cash Flows: Understanding the Statement of Cash Flows
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    When Net Income Is Low Relative to Operating Cash Flows,we
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When Net Income Is Low Relative to Operating Cash Flows,we

Question 54

Question 54

Multiple Choice

When net income is low relative to operating cash flows,we describe the firm as having recorded:


A) income-decreasing accruals.
B) income-increasing accruals.
C) income neutral accruals.
D) abnormal accruals.

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