With SFAS No. 95 defining funds as cash, the FASB has moved from a position of rigid uniformity to a flexibility orientation.

Name: With SFAS No. 95 defining funds as cash, the FASB has moved from a position of rigid uniformity to a flexibility orientation.
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SFAS No. 95 (Statement of Cash Flows) defines funds strictly as cash and cash equivalents, maintaining a uniform standard rather than introducing flexibility regarding what constitutes funds.