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Which of the following statements concerning inflows and outflows listed on the Cash Flow Statement is not correct? Planned savings for goals is treated as

Which of the following statements concerning inflows and outflows listed on the Cash Flow Statement is not correct? Planned savings for goals is treated as an outflow/expense. Charitable contributions are always a discretionary outflow/expense. Health insurance premiums are an example of a fixed outflow/expense. An income tax refund is an example of a cash inflow.


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