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    Business
  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 7: Consolidated Cash Flow Statements
  5. Question
    The Purpose of Holding a Cash Equivalent Is Irrelevant for the Classification
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The Purpose of Holding a Cash Equivalent Is Irrelevant for the Classification

Question 5

Question 5

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The purpose of holding a cash equivalent is irrelevant for the classification in the statement of cash flows.

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