Asked by Aa'Kyra Rivers on May 26, 2024

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Cash included on the statement of cash flows can include which of the following?

A) Only money in the bank
B) Only cash on-hand
C) Cash, money market accounts, and government securities
D) None of the above are correct.

Government Securities

Financial instruments issued by the government to finance its expenditures, offering a relatively safe investment.

Money Market Accounts

Savings accounts that typically offer higher interest rates in exchange for larger deposit balances, with limited transaction privileges.

Cash

Cash represents money in the physical form of currency, such as banknotes and coins, that is used to conduct transactions.

  • Apprehend the components and framework of the cash flow statement.
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Verified Answer

LH
Linsey HunterMay 27, 2024
Final Answer :
C
Explanation :
Cash equivalents, such as money market accounts and certain government securities, along with physical cash and money in the bank, are included in the cash total on the statement of cash flows. These items are considered to be highly liquid and can be easily converted into cash.