Cash outflows should be represented as negative amounts when being entered into a financial calculator.

Name: Cash outflows should be represented as negative amounts when being entered into a financial calculator.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash outflows are considered negative amounts because they represent money leaving the business or individual's possession, which is a standard convention in financial calculations to differentiate from inflows.

Cash Outflows Should Be Represented as Negative Amounts When Being