Wave, Inc Follows IFRS for Its External Financial Reporting

question 124

Multiple Choice

Wave, Inc. follows IFRS for its external financial reporting. The statement of cash flows reports changes in cash and cash equivalents, which of the following is not considered cash or a cash equivalent under IFRS?

• A) Coin.
• B) Bank overdrafts.
• C) Commercial paper.
• D) Accounts receivable.

---

Definitions:

Table Style

Predefined styling options that can be applied to tables in a document or spreadsheet to enhance visual presentation.

Keep Lines Together

A text formatting option in word processing software that prevents automatic breaking of lines across pages or columns.

Don't Hyphenate

An option in text formatting that prevents the automatic breaking and hyphenation of words at the end of lines.

Widow And Orphan

Terms in typesetting that refer to the undesirable situation of a single line of a paragraph appearing at the beginning or end of a page, disrupting the reader’s flow.