Which of the Following Statements Is Untrue

Which of the following statements is untrue?

A) Working capital is equal to current assets minus current liabilities.
B) Failure to predict the timing of cash shortfalls can result in costly borrowing arrangements.
C) The economic order quantity (EOQ) model is a tool that calculates how much inventory should be held on average.
D) The inability of a selling company to deposit the monetary value of a completed credit sale in its bank and collect interest represents a cost arising from extending credit to customers.
E) An "Ageing of Accounts Receivable" schedule provides an analysis of a company's accounts receivable balance according to the period of time that amounts have been owed.