Usually,there is a difference between the net income reported on the income statement and the net cash from operating activities shown on the statement of cash flows.

Question

Quizplus · Accepted Answer

The net income reported on the income statement includes non-cash items such as depreciation and amortization and may also include items that do not result in cash inflow or outflow, whereas the statement of cash flows only reflects actual cash transactions. As a result, there can be discrepancies between the two figures.

Usually,there Is a Difference Between the Net Income Reported on the Income