Which of the Following Is Not Considered Cash for Financial

question 149

Multiple Choice

Which of the following is not considered cash for financial reporting purposes?

• A) Petty cash funds and change funds
• B) Money orders, certified checks, and personal checks
• C) Coin, currency, and available funds
• D) Postdated checks and I. O. U.'s

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Definitions:

Net Income

The net profit for the company, arrived at after taking away all forms of expenses and taxes from the generated total revenue.

Net Cash Flow

This measures the amount of cash generated or used by a business in a given period, taking into account cash inflows and outflows.

Accrued Liabilities

Liabilities that have been incurred but not yet paid or recorded in the financial statements.

Cash Flows

The movement of money into and out of a business, reflecting the company's operational, investing, and financing activities.