Question: pls answer 1-5 PROBLEMS entity's PROBLEM 1: TRUE OR FALSE 1. Users of financial statements can better predict an future cash flows if they have
pls answer 1-5PROBLEMS entity's PROBLEM 1: TRUE OR FALSE 1. Users of financial statements can better predict an future cash flows if they have access to the entity's statement of cash flows. 2. Original maturity, for the determination of cash equivalency, is defined as the date of original issuance. 3. A two-year treasury note purchased six weeks prior to maturity would not qualify as a cash equivalent. 4. To qualify as a cash equivalent, an item generally must be readily convertible to cash and have an original maturity of three months or less. 5. Any change made in a company's policy concerning which securities are to be treated as cash equivalents should be disclosed
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