Question: Differences between net income and net cash provided by operating activities exist because Select answer from the options below net income is an estimate whereas
Differences between net income and net cash provided by operating activities exist because
Select answer from the options below
net income is an estimate whereas cash from operating activities is an actual number.
net income includes capital expenditures, cash from operating activities does not.
accrual accounting recognizes revenue and income even when cash has not been received or paid.
net income is an actual number whereas cash from operating activities is an estimate.
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