Which of the Following Is/are False

Multiple Choice

Which of the following is/are false?

A) Firms do not necessarily recognize revenues when they receive cash
B) Firms do not necessarily recognize expenses when they disburse cash.
C) Net income will not necessarily equal cash flow from operations each period.
D) A profitable firm will likely borrow funds in order to remain in business, but eventually operations must generate cash to repay the borrowing.
E) None of the above are false