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3. Which item should be excluded from cash and cash equivalents in the current year-end statement of financial position? a. The minimum cash balance in

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3. Which item should be excluded from cash and cash equivalents in the current year-end statement of financial position? a. The minimum cash balance in the entity's current account which is maintained to avoid service charges b. A check issued by the entity on December 27, 2011 but dated January 15, 2012. c. Time deposit which matures in one year d. A customer's check denominated in a foreign currency

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