Which of the following represents a cash outflow?

Question

Quizplus · Accepted Answer

Cash outflow refers to the money that is flowing out of the business. Overhaul of equipment is an expense and represents a cash outflow as money is spent on repairing or maintaining the equipment. Increased cash received from customers and reduced cash flows for operating costs, on the other hand, are cash inflows as they represent money coming into the business or reduced expenses. The salvage value of equipment when a project is completed represents a cash inflow as it is the amount that the business will receive when it sells the equipment after the project is done.

Which of the Following Represents a Cash Outflow