The term cash as used on the cash flow statement includes all of the following except:
A) account receivables
B) petty cash
C) Government of Canada treasury bills
D) money market funds

Question

Quizplus · Accepted Answer

The term cash on the cash flow statement refers to actual cash on hand or easily convertible to cash. Accounts receivable are not considered cash as they represent owed payments that have not yet been received. Petty cash, government treasury bills, and money market funds are all considered cash equivalents and are included in the cash balance on the cash flow statement.

The Term Cash as Used on the Cash Flow Statement