The Treating of Repayment of Debt as an Expense in the Cash

Multiple Choice

The treating of repayment of debt as an expense in the cash flow statement is an example of:

A) The blurring or elimination of the distinctions between assets and liabilities,income and expenses,and cash inflows and outflows.
B) The underestimation of expenses.
C) The overestimation of expenses.
D) None of the above.
E) Both a and b above.