Multiple Choice
Which of these factors could cause operating profit to be more than cash flow from operations?
A) An increase in the balance of accounts receivable over the period.
B) An increase in the balance of inventory over the period.
C) An increase in the balance of accounts payable over the period.
D) Both A and B.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: The purpose of the statement of cash
Q8: Which of the following statements is not
Q9: When preparing the note attached to the
Q10: Motor vehicles are shown in the
Q11: Company W received $10,000 in cash in
Q13: What does the tax payment appearing in
Q14: Which of the following is a warning
Q15: The cash flow statement was added to
Q16: H Company's accounting records show:
Q17: The statement of cash flows must include