Which of the Following Is Not Included in the Statement

question 123

Multiple Choice

Which of the following is not included in the statement of cash flows, or in a supplement?ary schedule accompanying the statement of cash flows?

• A) Disclosure of investing or financing activities that did not involve cash.
• B) A reconciliation of net income to net cash flows from operating activities.
• C) Disclosure of the amount of cash invested in money market funds during the accounting period.
• D) The amount of cash and cash equivalents owned by the business at the end of the accounting period.

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Definitions:

Financial Capital

Economic resources measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or provide their services.

Intellectual Capital

The intangible value of a company's assets such as knowledge, brand, reputation, and employee competence.

Money Market Fund

A type of mutual fund that invests in high-quality, short-term debt instruments, cash, and cash equivalents and is considered to be relatively low risk.

Portfolio Management

The art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance.