Chapter 25

Discussion in 'CA1' started by shinmo, Aug 28, 2015.

  1. shinmo

    shinmo Member

    Is there any difference between the nature/term of liability vs nature/term of cash flow requirements?

    Thanks :)
     
  2. Steve Hales

    Steve Hales ActEd Tutor Staff Member

    If you view your liabilities as outflows of cash, then they're the same thing. The nature, term, currency and certainty analysis would then apply to both.
     

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