1 easy multiple choice question 9) Net income differs from net cash flows from o

Question

1 easy multiple choice question

9) Net income differs from net cash flows from operations because of:

a. Non-cash expenses such as depreciation.

b. Timing differences between recognizing revenue and expenses and their cash flows.

c. Gains and losses included in net income but classified as investing or financing activities will all cause a difference between net income and cash flows.

d. All of the above.

I have received 2 different answers for this question on previous post. I need the correct answer and why please.

Explanation / Answer

Solution:

Answer is A

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