Question

Pick up the correct statement from the following:

a.

The receipts and disbursements in a given time interval are referred to as cash flow.

b.

The assumptions that all cash flows occur at the end of the interest period, is known as the end of period convention.

c.

A cash flow diagram is a graphical representation of cash flows drawn on a time scale.

d.

All of the above.

Answer: (d).All of the above.

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