No. 3

4. Which is false concerning measurement of cash and cash equivalents?    a. Cash is measured at face value b. Cash in foreign currency is measured at the current exchange rate c. If a bank or financial institution holding the funds of the company is in bankruptcy or financial difficulty, cash should be written down to estimated realizable value d. Cash equivalents should be measured at maturity value, meaning face value plus interest

Choose from the following list of terms and phrases to best complete the following statements. a. Cash c. Outstanding check e. Cash over and short b. Cash equivalents d. Liquidity f. Voucher system 1. The category includes currency, coins, and deposits in bank accounts. 2. The term refers to a company’s ability to pay for its current liabilities. 3. The category includes short-term, highly liquid investment assets that are readily convertible to a known cash amount and sufficiently close to their due dates so that their market value will not greatly change.

1) Explain the meaning of Restricted Cash, and provide an example. 2) Describe what challenges are facing the Conceptual Framework for Financial Reporting today?

Which of the following transactions involve the movement of cash? O A provision for obsolete stocks. O A bonus issue. O A provision for doubtful debts. O None of the above.

Do you think that cash and profits are the same? Can you think of any business transactionsthat do not involve an immediate movement of cash?

Which of the following circumstances would result in an increase in cash from operations but not an increase in net income? Select one: a. None of the other choices is correct b. The failure to take advantage of a purchase discount offered by the supplier c. The sale of equipment for an amount greater than its book value d. The reissuance of treasury stock for an amount greater than its cost e. The issuance of bonds at a premium

10.-The holding of cash for a company represents: security in transactions, the possibility of speculation and to show stability among its shareholders. True or false? Please double check your answer.

If the total asset is smaller than total liabilities and equity on the balance sheet, what does that mean ( deficit or surplus)? And if it's a deficit why should I add the AFN amount to cash and cash equivalents not to debt! can you clarify this please

only options are cash, cash equivilants, or liquidity

Classification of Cash Flows Related to the Cost of Financing. Under U.S. GAAP, the statement of cash flows classifies cash expenditures for interest expense on debt as an operating activity but classifies cash expenditures for dividends to shareholders as a financing activity. Justify this apparent paradox. Please explain without copying from another source.

41 . Which of the following would not be a cash flow from financing activities? Multiple Choice Borrowing on a long-term note payable Payment of interest on bonds payable Repayment of principal on bonds payable Payment of a cash dividend

Which of the following transactions would result in an increase in capital employed? A. Paying a trade payable in cash B. Writing off a bad debt C. Purchasing on credit D. Repaying a loan E. Selling inventory at a profit F. Increasing the bank overdraft to purchase a non - current asset

Under U.S. GAAP, the statement of cash flows classifies cash expenditures for interest expenseon debt as an operating activity but classifies cash expenditures for dividends to shareholdersas a financing activity. Justify this apparent paradox.

10.-The holding of cash for a company represents: security in transactions, the possibility of speculation and to show stability among its shareholders. True or false?

How will each of the following events ultimately affect the amount of cash?   An increase in the level of inventories. A rights issue of ordinary shares. A bonus issue of ordinary shares. Depreciating a non-current asset.