Management Accounting Test Questions

Q.  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


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No explanation is available for this question!