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Which statement is FALSE regarding cash & cash equivalence? O The amount of cash reported in a company's balance sheet includes items acceptable for deposit
Which statement is FALSE regarding cash & cash equivalence? O The amount of cash reported in a company's balance sheet includes items acceptable for deposit in bank accounts, such as checks received from customers The amount of cash reported in a company's balance sheet includes the balance of accounts receivable if cash collection is highly likely in the near future. O The amount of cash reported in a company's balance sheet can include short-term investments Common examples of cash equivalents are money market funds, Treasury bills, and certificates of deposit
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