Question: (The four basic principles of finance) Which basic principle of finance correctly describes the following statement Profit is an accounting concept designed to measure a

 (The four basic principles of finance) Which basic principle of finance

(The four basic principles of finance) Which basic principle of finance correctly describes the following statement "Profit is an accounting concept designed to measure a business's performance over an interval of time. Cash flow is the amount of cash that can actually be taken out of the business over this same interval"? (Select the best choice below.) O A. Principle 1: Money has a time value. B. Principle 2: There is a risk-return tradeoff O C. Principle 3: Cash flows are the source of value. 0 D. Principle 4: Market prices reflect information

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