Which of the following does not create a difference between profit for the year and the net cash from operations?
A) Non-operating gains and losses.
B) Depreciation expense.
C) Timing differences between credit sales and collections from customers.
D) Payment of a cash dividend.

Question

Quizplus · Accepted Answer

Payment of a cash dividend is a financing activity and does not affect the profit for the year or the net cash from operations. The other options (A, B, and C) are all factors that can create a difference between profit for the year and net cash from operations.

Which of the Following Does Not Create a Difference Between