
Identify the item which is not disclosed in the statement of

Answer to Problem 1SSQ
Option (a) is the correct answer.
Explanation of Solution
Option (a): A transfer of cash to a cash equivalent investment is not a part of the statement of cash flows. Thus, it is not disclosed in the statement of cash flows. Hence, Option (a) is the correct answer.
Option (b): The amount of cash at year-end is the amount which is determined in the cash flow statement after adjusting the opening cash balance with the net change in cash. Thus, it is disclosed in the statement of cash flows. Hence, option (b) is not the correct answer.
Option (c): A
Option (d): A
Thus, as per the above explanation option (a) a transfer of cash to cash equivalent is the correct answer.
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Chapter 12 Solutions
FINANCIAL ACCT.F/UNDERGRADS-W/ACCESS
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