Which of the Following Is a True Statement Regarding SFAS

question 58

Multiple Choice

Which of the following is a true statement regarding SFAS No. 95?

• A)It requires all non-cash investing and financing transactions be reported in the body of the cash flow statement.
• B)It requires all non-cash investing and financing transactions be reported as a supplement to the cash flow statement, either in a schedule or in a narrative format.
• C)Only cash transactions are reported on the cash flow statement.
• D)Only operating transactions are reported on the cash flow statement.

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