Multiple Choice 1. Cash includes a. Money only b. Money and negotiable instruments c. Any negotiable instrument including promissory notes. d. Money and any instrument that is immediately payable in money and acceptable by the bank for deposit and immediate credit. atos has tros. E diss 2. To be reported as "cash and cash equivalents", the cash equivalent must be a. Deposited in a financial institution, particularly a bank b. Available for the redemption of preference shares or bonds c. Can be freely used in current operations Vizdevd at bo, bred d. Set aside for acquisition of construction of items of property, plant an 22,as equipment TEZZA JAYOT 200 3. Which of the following should be presented as cash in the statement of financia position? a: Postdated checks received qu zbohaq gaiyev sot shum se cansa desob. 10Us from officers to be deducted from their salaries of the followin geris monthous c. Undelivered checks d. NSF checks 4. Which of the following cannot be shown as part of cash in the current asse section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks
Multiple Choice 1. Cash includes a. Money only b. Money and negotiable instruments c. Any negotiable instrument including promissory notes. d. Money and any instrument that is immediately payable in money and acceptable by the bank for deposit and immediate credit. atos has tros. E diss 2. To be reported as "cash and cash equivalents", the cash equivalent must be a. Deposited in a financial institution, particularly a bank b. Available for the redemption of preference shares or bonds c. Can be freely used in current operations Vizdevd at bo, bred d. Set aside for acquisition of construction of items of property, plant an 22,as equipment TEZZA JAYOT 200 3. Which of the following should be presented as cash in the statement of financia position? a: Postdated checks received qu zbohaq gaiyev sot shum se cansa desob. 10Us from officers to be deducted from their salaries of the followin geris monthous c. Undelivered checks d. NSF checks 4. Which of the following cannot be shown as part of cash in the current asse section of the statement of financial position? a. Cash in special checking account for payroll b. Compensating balances c. Cash deposited with utility company d. Customer's checks
Chapter1: Financial Statements And Business Decisions
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