Question: In the case of a bank overdraft: (a) GAAP typically includes the amount in cash and cash equivalents. (b) IFRS typically includes the amount in

In the case of a bank overdraft:
(a) GAAP typically includes the amount in cash and cash equivalents.
(b) IFRS typically includes the amount in cash equivalents but not in cash.
(c) GAAP typically treats the overdraft as a liability, and reports the amount in the financing section of the statement of cash flows.
(d) IFRS typically treats the overdraft as a liability, and reports the amount in the investing section of the statement of cash flows.

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