Question
On the statement of cash flows; when a company purchases a security it considers a cash equivalent, the cash outflow is: A)Reported as an operating
On the statement of cash flows; when a company purchases a security it considers a cash equivalent, the cash outflow is:
A)Reported as an operating activity.
B)Reported as an investing activity.
C) Reported as a financing activity.
D) Not reported on a statement of cash flows.
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
16th Edition
027377817X, 978-0273778172
