Match the words with the term.
-What term refers to an increase in non-current assets between two accounting periods?
A) cash outflow
B) source of cash
C) cash inflow
D) revenue

Question

Quizplus · Accepted Answer

An increase in non-current assets between two accounting periods typically results from a cash outflow, as it indicates that the company has spent money to acquire or invest in long-term assets.

Match the Words with the Term