Which of the following does not represent future expected cash inflows?
A)Accounts receivable
B)Prepaid expenses
C)Inventory
D)Notes receivable

Question

Quizplus · Accepted Answer

Prepaid expenses represent cash that has already been paid but has not yet been used, therefore it does not represent future expected cash inflows. The remaining choices (A, C, and D) all represent future expected cash inflows.

Which of the Following Does Not Represent Future Expected Cash