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    Business
  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 21: Statement of Cash Flows Revisited
  5. Question
    Which of the Following Investments Should Be Classified as Cash
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Which of the Following Investments Should Be Classified as Cash

Question 35

Question 35

Multiple Choice

Which of the following investments should be classified as cash equivalents for Able Company in preparing the statement of cash flows?
Which of the following investments should be classified as cash equivalents for Able Company in preparing the statement of cash flows?   A)  2, 4 B)  2, 3, 4 C)  2, 3 D)  1, 2, 3, 4


A) 2, 4
B) 2, 3, 4
C) 2, 3
D) 1, 2, 3, 4

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