Question
Compensating balances are a restriction on the use of a company's cash and should be a. disclosed in the financial statements. b. reported as a
Compensating balances are a restriction on the use of a company's cash and should be
a. disclosed in the financial statements.
b. reported as a noncurrent asset.
c. reported as a current asset.
d. reported as a reduction of cash.
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Business Forecasting With Forecast X
Authors: Holton Wilson, Barry Keating, John Solutions Inc
6th Edition
73373648, 978-9339220426, 9339220420, 978-0073373645
