Which of the Following Is Considered to Be a Part

question 127

Multiple Choice

Which of the following is considered to be a part of cash and cash equivalents under IFRS, but not U.S. GAAP?

• A) treasury bills
• B) bank overdrafts
• C) commercial paper
• D) money market funds

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Definitions:

National Industrial Recovery Act

A law enacted in 1933 as part of the New Deal to stimulate economic recovery by regulating industry, promoting fair wages and working hours, and encouraging collective bargaining for workers.

Right to Work Laws

Legislation that prohibits compulsory union membership or the requirement to pay union dues as a condition of employment in certain areas.

Organizational Resources

Assets, capabilities, processes, information, and knowledge that an organization controls and utilizes to achieve its objectives.

Anti-Union Consultants

Anti-Union Consultants are professionals hired by companies to prevent or disrupt the formation of labor unions among employees.