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    Business
  3. Study Set
    Accounting Understanding and Practice
  4. Exam
    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 7

Question 7

Multiple Choice

Which of the following statements is false?


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

Correct Answer:

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