The basic cost flow model is:
A) EB + TO = TI + BB.
B) BB + TO - TI = EB.
C) EB = BB - TI + TO.
D) EB − BB = TO - TI.

Name: The basic cost flow model is: A) EB + TO = TI + BB. B) BB + TO - TI = EB. C) EB = BB - TI + TO. D) EB − BB = TO - TI.
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Question

Quizplus · Accepted Answer

The basic cost flow model is EB + TO = TI + BB. This equation states that the beginning balance (BB) plus the total inflows (TI) equals the total outflows (TO) plus the ending balance (EB).

The Basic Cost Flow Model Is