Rarely will the cash flows from operating activities, as reported on the statement of cash flows, be the same as the net income reported on the income statement.

Name: Rarely will the cash flows from operating activities, as reported on the statement of cash flows, be the same as the net income reported on the income statement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cash flows from operating activities and net income may differ due to non-cash items such as depreciation and changes in working capital accounts.

Rarely Will the Cash Flows from Operating Activities, as Reported