The Change in Cash Is Equal to the Change in Liabilities

question 149

True/False

The change in cash is equal to the change in liabilities less the change in equity plus the change in noncash assets.

---

Definitions:

Planning

The process of making plans for something, including setting goals, determining strategies, and outlining tasks and schedules.

Drafting

The process of drawing up and planning documents or technical plans, or the initial stage of writing when ideas are outlined and developed.

Revising

The process of reviewing and making changes to content with the aim of improving clarity, structure, and effectiveness.

Editing

The process of reviewing and revising text or multimedia content for clarity, coherence, accuracy, and consistency.