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    Accounting Understanding and Practice
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    Exam 6: Cash Flow Statements: Understanding and Preparation
  5. Question
    Which of the Following Statements Is False
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Which of the Following Statements Is False

Question 24

Question 24

Multiple Choice

Which of the following statements is false?


A) Not all revenues are receipts of cash
B) Some receipts of cash do not add to profits
C) Not all expenses are payments of cash
D) All payments of cash are expenses

Correct Answer:

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