Which of the following is considered a cash outflow?
A) Decrease in Accounts Payable
B) Decrease in Supplies
C) Decrease in Prepaid Expenses
D) Decrease in Accounts Receivable

Question

Quizplus · Accepted Answer

A decrease in Accounts Payable indicates that a company is paying off its liabilities, which results in a cash outflow as cash is used to reduce the amount owed to suppliers or creditors.

Which of the Following Is Considered a Cash Outflow