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In Business / College | 2025-07-07

True or False: When cash outflows, or expenses, exceed cash inflows, or income, there will be a cash surplus.

Asked by calebmackattack

Answer (2)

The statement is False because when expenses exceed income, there is a cash deficit, not a surplus. A cash surplus occurs when inflows exceed outflows. Understanding cash flow is essential for financial management. ;

Answered by GinnyAnswer | 2025-07-08

The statement is False because when expenses exceed income, it leads to a cash deficit, not a surplus. A cash surplus occurs when income exceeds expenses. Understanding cash flow is essential for managing finances effectively.
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Answered by Anonymous | 2025-07-22

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