Bill and Henry are discussing the volume of cash that has been coming into and going out of their business during the accounting period.They are discussing:
A)profit.
B)net income.
C)accounts receivable and payable.
D)cash flow.

Question

Quizplus · Accepted Answer

The discussion about the volume of cash coming into and going out of the business refers to cash flow. Profit and net income refer to the amount of money the business earns after accounting for all expenses, while accounts receivable and payable refer to the money owed to the business by customers and the business owes to suppliers.

Bill and Henry Are Discussing the Volume of Cash That