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    Intermediate Accounting Study Set 5
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    Exam 21: Statement of Cash Flows Revisited
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    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 39

Question 39

Multiple Choice

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


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

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