IFRS Does Not Require That the Increase or Decrease in Cash

question 78

True/False

IFRS does not require that the increase or decrease in cash and cash equivalents explained in the statement of cash flows agree to the line item Cash and Cash Equivalents, ending balance, in the balance sheet.

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Definitions:

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.

Bearer

Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.

Payable

Due for payment; a financial obligation that one party has to pay to another.

Issued

The act of officially distributing or making something available, often used in contexts like the issuance of currency, stocks, or legal documents.