The treating of repayment of debt as an expense in the cash flow statement is an example of:
A)The blurring or elimination of the distinctions between assets and liabilities,income and expenses,and cash inflows and outflows.
B)The underestimation of expenses.
C)The overestimation of expenses.
D)None of the above.
E)Both a and b above.

Question

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The Answer of The treating of repayment of debt as an expense in the cash flow statement is an example of:
A)The blurring or elimination of the distinctions between assets and liabilities,income and expenses,and cash inflows and outflows.
B)The underestimation of expenses.
C)The overestimation of expenses.
D)None of the above.
E)Both a and b above.

The Treating of Repayment of Debt as an Expense in the Cash