Which of the following best describes the relationship between cash outflows and cash payments in financial accounting?
A) Cash outflows refer to all incoming cash receipts, while cash payments refer to the amount of cash collected from sales.
B) Cash outflows include all cash payments made by a company, such as expenses and investments, representing the total cash used in operations and capital expenditures.
C) Cash payments are the total cash received from customers, while cash outflows only include cash used for buying assets.
D) Cash outflows are only related to long-term investments, while cash payments are related to day-to-day operational expenses.