A given period's net cash from operations differs from that period's net income due to

Question

Quizplus · Accepted Answer

The net cash from operations in a given period differs from the net income due to the non-cash expenses such as depreciation, depletion, and amortization (option A) as well as changes in working capital accounts such as accounts receivable (option B). Therefore, options A and B are correct. Option C, the change in gross fixed assets over the period, is not directly related to the net cash from operations and therefore is not correct. Hence, the correct answer is D, options A and B.

A Given Period's Net Cash from Operations Differs from That