Which of the following statements is false?
A) Cash flow should be calculated on an after-tax basis.
B)The tax cost to a business should not be regarded as a cost of doing business.
C) Income tax should be considered a controllable cost.
D) The value of an enterprise should not be based on pre-tax cash flow.

Question

Quizplus · Accepted Answer

The tax cost to a business should be regarded as a cost of doing business. It is a necessary expense that is incurred as part of generating revenue and is therefore considered a controllable cost.

Which of the Following Statements Is False