Activities of the firm in which cash is spent are known as:
A) Sources of cash.
B) Uses of cash.
C) Cash payments.
D) Cash receipts.
E) Cash on hand.

Name: Activities of the firm in which cash is spent are known as: A) Sources of cash. B) Uses of cash. C) Cash payments. D) Cash receipts. E) Cash on hand.
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Question

Quizplus · Accepted Answer

Uses of cash refer to the activities or transactions that result in the outflow of cash from a firm, such as purchasing inventory, paying off loans, or buying assets.

Activities of the Firm in Which Cash Is Spent Are