Evaluate the following statement: Operating profits and operating cash flow describe the same item.

Question

Quizplus · Accepted Answer

Operating profits and operating cash flow are not the same item. Operating profits refer to the profit generated by a company's operations, while operating cash flow refers to the cash generated or used by a company's operations. While they may be related, they are two distinct measures used to assess a company's financial performance.

Evaluate the Following Statement: Operating Profits and Operating Cash Flow