Disclosures about noncash financing and investing activities must be presented in a summary schedule below the statement of cash flows.

Name: Disclosures about noncash financing and investing activities must be presented in a summary schedule below the statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Noncash financing and investing activities are typically disclosed in the notes to the financial statements, not necessarily in a summary schedule below the statement of cash flows.

Disclosures About Noncash Financing and Investing Activities Must Be Presented