Multiple Choice
The classification of an item as a cash equivalent means that changes in the balance:
A) will be disclosed in the statement of cash flows.
B) will not be disclosed in the statement of cash flows.
C) may be disclosed at discretion of the entity.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The time to maturity is relevant in
Q3: Cash payments to buy back shares will
Q4: A Ltd acquires 100% of shares of
Q5: The purpose of holding a cash equivalent
Q6: Cash flows from operating activities can be
Q8: A company has total sales revenue of
Q9: A company records a net profit of
Q10: Discuss the basis of classifying cash flows
Q11: Discuss the treatment of subsidiaries acquired and
Q12: Accounting Standard AASB 107 Statement of Cash