Most public companies include additional information about cash and cash equivalents in the footnotes to their financial statements.

Question

Quizplus · Accepted Answer

Most public companies are required to disclose additional information about their cash and cash equivalents in the footnotes to their financial statements, such as the composition of cash balances, restrictions on the use of cash, and significant cash transactions. This information is important for investors and other stakeholders to understand the company's liquidity and cash management practices.

Most Public Companies Include Additional Information About Cash and Cash