Which of the following statements correctly describes the reporting of cash? a. Cash cannot be combined with

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Which of the following statements correctly describes the reporting of cash?

a. Cash cannot be combined with cash equivalents.

b. Restricted cash need not be disclosed.

c. Cash is listed last in the current assets section.

d. The nature of the restrictions on cash need not be disclosed.

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Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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