Pre-paying a one-year insurance policy will cause cash to _ .

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The premium on a three-year insurance policy expiring on December 31, 2011, was ...
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Moataz Ali Sobhi
11-October-2014

• increase

• decrease

• show no change

• The effect on cash cannot be determined based on given information.

Cash Flow Forecasting

Question added by Shazia Anees , Assistant Manager Finance , Arham Trading Company
Date Posted: 2015/05/06

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1 Answers

by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Pre-paying a one-year insurance policy will cause cash to decrease.

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