A company has excess cash and decides to convert some of the cash to cash equivalents. This activity should show up in the statement of cash flows as:
A) Operating activity
B) Investing activity
C) Financing activity
D) This activity should not be included in the statement of cash flows
Correct Answer:
Verified
Q1: The general requirements for presenting the Statement
Q2: Entity A has an asset that is
Q4: Which method of presentation for operating activities
Q5: Under IFRS, an entity may account for
Q6: The statement of cash flows:
A) Provides information
Q7: Which of the following describes a cash
Q8: Operating activities are
A) Activities related to the
Q9: Which of the following is an example
Q10: Which of the following is never an
Q11: Which of the following is true about
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