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Bank overdrafts that are part of a company's cash management plan are classified as a liability under U.S. GAAP. Under IFRS, such bank overdrafts are
Bank overdrafts that are part of a company's cash management plan are classified as a liability under U.S. GAAP. Under IFRS, such bank overdrafts are classified as Multiple choice question. a reduction in cash and cash equivalents. a current liability. a reduction in retained earnings
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Accounting Information Systems Controls And Processes
Authors: Leslie Turner, Andrea B. Weickgenannt
1st Edition
0471479519, 9780471479512
