Which of the following statements is NOT part of the definition of global cash flow?

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The concept of global cash flow involves assessing the total cash inflows and outflows, not only of an individual but also of any closely held businesses they may own. This holistic view aims to provide a comprehensive understanding of financial health, including personal and business-related debts, and the capacity to service those debts.

Option D is not part of the definition because global cash flow does not function as a definitive roadmap addressing all financial situations. Instead, it focuses on the assessment of liquidity and potential risks associated with debt servicing. The primary intent is to evaluate how cash flows from all sources impact an individual's or entity's ability to meet their debt obligations.

On the other hand, the other choices align with the essence of global cash flow. They highlight the goal of managing risks associated with cash flow and debt service, emphasizing the importance of considering both business and personal financial aspects in this analysis.

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