7
QuizMultiple Choice

The Financial Plan

Question 7 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

Which of the following would not be listed under cash outflows in a financial plan?

Answer
A
car payments
B
insurance premiums
C
interest earned
D
mortgage payment

Explanation

Cash outflows are amounts of money paid out, such as car payments, insurance premiums, and mortgage payments. Interest earned is money received, so it is an inflow rather than an outflow. Therefore, interest earned is the choice that would not be listed under cash outflows.

AI-written and checked against the verified answer.

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