CFA Practice Question

There are 233 practice questions for this study session.

CFA Practice Question

In corporate finance, managers should be primarily concerned with cash flows as opposed to profits. The purpose of cash-flow measurement is recognizing the ______.

A. risk and timing of cash flows
B. risk and size of profit
C. cash flows as being less variable than accounting profit
Correct Answer: A

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mdejesus too easy
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