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How Are Cash Equivalents Reported or Disclosed in the Financial

Question 47

Multiple Choice

How are cash equivalents reported or disclosed in the financial statements?


A) They appear only on the statement of cash flows.
B) They are included with short-term investments under current assets on the balance sheet.
C) They are included with cash under current assets on the balance sheet.
D) They are disclosed only in a footnote to the balance sheet.

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