Asked by
Towfiq Sovan
on Nov 07, 2024Verified
Inventory is acquisition represents an increase in cash.
Inventory Acquisition
The process of obtaining and adding goods or materials to a company's stock for further sale or use.
Cash Increase
An uptick in the amount of liquid assets (cash and cash equivalents) that a company or individual has on hand.
- Assess the influence of diverse financial transactions on an organization's cash movement.
Verified Answer
SL
Learning Objectives
- Assess the influence of diverse financial transactions on an organization's cash movement.