Question: c . Why does a difference exist between net income and net cash flow from operating activities? Multiple Choice The difference between net income and
c Why does a difference exist between net income and net cash flow from operating activities?
Multiple Choice
The difference between net income and net cash flow from operating activities exists because of maintaining the inventory
records using the perpetual inventory system.
The difference between net income and net cash flow from operating activities exists because the shop is not selling all the
inventory that it purchased during the period.
The difference between net income and net cash flow from operating activities exists because operating expenses are not
required be to accounted for when determining net income.
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