Which of the Following Must Be Disclosed in the Footnotes

question 121

Multiple Choice

Which of the following must be disclosed in the footnotes to the financial statements?

• A) reclassification of a cash amount that is restricted from use in the current operating cycle
• B) bank overdraft listed as a current liability on the balance sheet
• C) short-term liquid investment with original maturity of three months or less
• D) minimum cash balance required to be maintained by a credit agreement

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