MCQOPTIONS
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| 1. |
Cash outflow on purchases is calculated by |
| A. | Purchases + Opening Creditors + Opening B/P – Closing Creditors - Closing B/P |
| B. | Purchases + Opening Creditors - Closing Creditors + Closing B/P |
| C. | Purchases - Opening Creditors - Opening B/P + Closing Creditors + Closing B/P |
| D. | None of the above |
| Answer» B. Purchases + Opening Creditors - Closing Creditors + Closing B/P | |