All other things equal,when net income and operating cash flows are similar,there is a likelihood that revenues are realized in cash and that expenses are associated with cash outflows.

Question

Quizplus · Accepted Answer

Similar net income and operating cash flows suggest that a company's revenue and expenses are closely tied to actual cash inflows and outflows. Therefore, there is a likelihood that revenues are realized in cash and that expenses are associated with cash outflows.

All Other Things Equal,when Net Income and Operating Cash Flows