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  3. Study Set
    Financial Accounting Study Set 21
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    Exam 5: The Statement of Cash Flows
  5. Question
    Which of the Following Would Cause an Outflow of Cash
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Which of the Following Would Cause an Outflow of Cash

Question 22

Question 22

Multiple Choice

Which of the following would cause an outflow of cash?


A) sale of inventory for cash
B) the sale of an investment for a loss
C) issuing common shares to acquire capital assets
D) purchase of a temporary investment

Correct Answer:

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