Question
A company purchased money market funds with cash during the current year. Which of the following statement is correct? A. This transaction will result in
A company purchased money market funds with cash during the current year. Which of the following statement is correct?
A. This transaction will result in a decrease in cash from operating activities.
B. This transaction will result in a decrease in cash from investing activities.
C. This transaction will not cause a change in cash from operating, investing, or financing activities.
D. This transaction will result in a decrease in cash from financing activities.
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Audit Planning A Risk Based Approach
Authors: K. H. Spencer Pickett
1st Edition
047169052X, 978-0471690528
