Question :
Cash outflows are the cost incurred on some project which are represented by -
Option 1:
Negative numbers
Option 2:
Positive numbers
Option 3:
Relative numbers
Option 4:
No effect
Correct Answer:
Negative numbers
Solution : Since cash outflows are intended to be subtracted, they are shown in the cash flow statement as a negative amount.
Hence the Correct answer is option 1.