1. Which of the following is NOT accurate about preparing a reformulated Balance Sheet?

	A.	Bank loans should be classified as a financial obligation
	B.	Every asset can be clearly classified as an operating asset or financial asset. There is no judgement or uncertainty involved
	C.	Deferred tax asset should be classified as an operating asset
	D.	A reformulated balance sheet separates operating and financing activities
	E.	Cash and cash equivalents should be divided into operating cash and financial cash