1. When a business incurs an expense (office supplies, utilities, or wages, for example), is their cash flow the same in both timing and amount as the expense they recognize? 2. What are the key components necessary to calculate profit or loss for a business? Are they the same elements necessary to calculate cash flow? View Rubric

1. When a business incurs an expense foffice supplies, utilities, or wages, for example), is their cash flow the same in both timing and amount as the expense they recognize? 2. What are the key components necessary to calculate profit or loss for a business? Are they the same elements necessary to calculate cash flow