We can condense the items that require cash outflow into basic categories.Which of the below is a basic category?
A)Wages (but not commissions)
B)Accounts receivable
C)Long-term financing expenses (interest payments,dividend payments,issuing costs of debt and equity)
D)All of these

Question

Quizplus · Accepted Answer

Long-term financing expenses are a basic category of cash outflows as they involve regular payments such as interest and dividends.

We Can Condense the Items That Require Cash Outflow into Basic