Which of the following statements is false?

a. Cash equivalents are included in cash on the balance sheet and on the statement of cash flows.
b. Investments in cash equivalents and investments in stock have the same economic effect--assets increase and decrease by the same amount.
c. An investment is a cash equivalent if it is convertible into a known amount of cash and has an original maturity of 3 months or less when purchased.
d. Investments in stock are reported as a financing activity on the statement of cash flows.


d

Business

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Strategic planning is focused on short-term goals of less than five years

Indicate whether the statement is true or false

Business

In order to set effective goals for an MPR plan, a marketer most likely needs to ________

A) initiate word-of-mouth B) understand the target market C) generate favorable mentions D) implement strategic methods E) evaluate connector credibility

Business

For accounts receivable, the longer an account is outstanding, the:

A. Better the customer. B. More likely the customer will return. C. More likely it will prove uncollectible. D. Higher probability of it being collected.

Business

Which of the following would be most commonly used for long-term financing?

a. insurance companies b. trade credit c. finance companies d. leasing companies

Business