Buffers,Inc.,uses cash when buying and selling all of its investment assets.Consider the following statements: i.When investment asset accounts increase,net cash inflows have occurred.
Ii) When investment asset accounts increase,net cash outflows have occurred.
Iii) When the investment asset accounts decreased,net cash inflows have occurred.
Iv) When the investment asset accounts decrease,net cash outflows have occurred.
Which of the following combination is true?
A) i and iii
B) ii and iv
C) i and iv
D) ii and iii
Correct Answer:
Verified
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