For many entities, cash balancrepresent a large proportion of assets. However, the amount of cash flowing through the accounts over a period of time is usually smaller than for any other account in the financial statements.

Name: For many entities, cash balancrepresent a large proportion of assets. However, the amount of cash flowing through the accounts over a period of time is usually smaller than for any other account in the financial statements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is False

For Many Entities, Cash Balancrepresent a Large Proportion of Assets