Which Statement Is Not Correct

question 4

Multiple Choice

Which statement is not correct?

• A)Cash is an idle asset for a business.
• B)Bank overdrafts cannot be considered cash equivalents.
• C)Cash equivalents are readily convertible to cash.
• D)Cash and cash equivalents is reconciled in the cash flow statement.

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Definitions:

Structures

The arrangement of and relations between the parts or elements of something complex, such as a molecule’s geometric configuration.

Ionizing Solvent

A solvent capable of dissociating molecules into ions, thus enhancing electrical conductivity.

Bromopentene

Refers to an organic compound consisting of a five-carbon alkene chain with a bromine atom attached, used in organic synthesis.

Products

The substances that result from the completion of a chemical reaction, which are typically different in chemical properties from the reactants.