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Which statement is incorrect regarding presentation and disclosure of cash and cash equivalents? a. Cash and cash equivalents are normally presented as the first line
Which statement is incorrect regarding presentation and disclosure of cash and cash equivalents? a. Cash and cash equivalents are normally presented as the first line item under current assets. b. The entity should disclose the components of cash and cash equivalents. c. The entity should disclose the amount of significant cash and cash equivalent balances held by the entity that are not available for use by the group. d. Cash on hand should be included under the disclosures on credit risk.
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