Put (True) or (false) with justification to the false statement

( All of this false or any true points )

1-Financial Management concerns with one type of business form.

2-Balance sheet & Income statements are the main financial statements & both are snapshot of firms financial position at one point of time.

3- Net profit is (Retained earnings dividends) + Current assets.

4-Co-integration of the financial statements is to properly analyze each statement solely.

5- Bookkeeping of financial transactions & preparation of the statements is done by the financial analyst not the Accountant.

6-Financial managers always advice the board to take a long term loan to cover all the company requirements especially for financing inventory.

7- Profits is resulted from the income statement .

8-Co-integration of the financial statements can be done without obtaining the income statement.

9- In case of bankruptcy , The shareholders are the first who take their money .

10-Technology has no effects on finance because it is one of the fundamentals that cannot be changed or updated.

11- Bond is a corporate debt issued by the company to be traded in the financial markets.

12- Stock is a corporate debt issued by the company to be traded in the financial markets.

13- Entrepreneurs dont use the financial statements in analyzing the financial position of the company.

14- There is no relationship between the financial statements of the company.

15- Cash flow statement is prepared for calculating the profits of the company.

16- Syndication loans for one bank is to grant the total amount of the facility to the customer that has shortage and needs the money.

17- Best way of financing the short term assets of the company is depending on the mortgage financing.

18- The cost disappears after payment and is not related by any adding value item.

19- The Assets are the source of the finance of the company.

20- Money market is the capital market.