Which of the Following Is Not a Current Reporting Requirement

question 181

Multiple Choice

Which of the following is not a current reporting requirement for a statement that reports changes in cash over a period of time?

• A)This statement must classify cash flows into three categories: operating,investing,and financing activities.
• B)Cash equivalents must be combined with cash in preparing this statement.
• C)Working capital may be used as a substitute for cash in preparing this statement.
• D)The title for this statement is "Statement of Cash Flows."