For which of the following operating segments of the financial plan is the cash relationship characterized as an outflow?
A) Revenues.
B) Living costs.
C) Retirement planning.
D) Both a and b.
E) Both b and c.

Question

Quizplus · Accepted Answer

Living costs and retirement planning are both characterized by cash outflows. Living costs involve daily expenses and necessities that require spending money, while retirement planning often involves setting aside money for the future, which also represents an outflow of cash.

For Which of the Following Operating Segments of the Financial