Which of the following statements about cash and cash equivalents is NOT true: Muttiple Choice Twe or more employeet mity collude to hide a then of cash. Cesh equivelents are reported in the Long-Term Assets section of a classified balance sheet. Cash is a liquid asset. Two or more empioyees may collude to hide a thent of cash. Cosh equweients ave rtported in the Long-Term Assets section of a classifled balance sheet. Cinch is a lieuis astet Comperies should try to coliect accounts receivable promptly. Cesh inctudes coins Which of the following statements regording uncertainty in liabilities is false? Multiple Choise A company can have an obligation of a specific amount to a known creditor but not know when it must be paid A company can be aware of an obligation but not know how much it will be required to pay A compeny can create a liability with a known amount even when the holder of the note may not be known until the maturity date A compeny can have an obligation of a specific amount to a known creditor but not know when it must be paila A compony can be aware of on obligation but not know how much it will be required to pay A company can create a liability with a known amount even when the holder of the note may not be known until the maturity date A company only records liabilities when it knows whom to pay, when to pay, and how much to pay, Without all three, o liability cannot be recorded. Liabilities can involve uncertainty in whom to pay