Cash outflows represent your liabilities such as the pay-off on your car or home.

Name: Cash outflows represent your liabilities such as the pay-off on your car or home.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash outflows refer to the money spent or flowing out of an individual's or organization's accounts, not liabilities themselves. Liabilities are obligations or debts owed, while cash outflows are the payments made to settle those liabilities.

Cash Outflows Represent Your Liabilities Such as the Pay-Off on Your