The change in cash during a period is equal to the net income for the period.

Name: The change in cash during a period is equal to the net income for the period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The change in cash during a period includes not only the net income, but also other activities such as investments, financing activities, and changes in operating assets and liabilities. Therefore, the change in cash cannot be equated to net income alone.

The Change in Cash During a Period Is Equal to the Net