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Which one of the following statements best describes a cash outflow in relation to the statement of cash flows? A: A cash outflow is an
Which one of the following statements best describes a cash outflow in relation to the statement of cash flows?
A: A cash outflow is an expense.
B: A cash outflow may have been paid or not.
C: A cash outflow is associated to both revenue and capital expenditure.
D: None of the above
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