Your cash outflows are equal to your liabilities such as the amount you owe on your car or home.

Name: Your cash outflows are equal to your liabilities such as the amount you owe on your car or home.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Cash outflows refer to the money that is being spent or leaving your account, such as payments for expenses, and do not equate directly to liabilities, which are obligations or debts you owe regardless of whether they are currently being paid off.

Your Cash Outflows Are Equal to Your Liabilities Such as the Amount