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Anika [276]
3 years ago
12

Which of the following would not be listed under cash outflows in a financial plan? a. car payments b. insurance premiums c. int

erest earned d. mortgage payment Please select the best answer from the choices provided A B C D
Business
1 answer:
Tems11 [23]3 years ago
8 0

Answer:

The answer is C. interest earned

Explanation:

Cash inflow is the money going into the business while cash out is the money going out of the business.

Car payment is an outflow. Money is going out to acquire a car.

Insurance premium is an outflow. Money is going out by purchasing an insurance package.

Mortgage payment is also an outflow.

Only interest earn is an inflow. Money is coming maybe from an investment that has happened in the past.

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Answer:

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True

Explanation:

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