Answer-In the cash flow statement, ‘cash and cash equivalents’ do not include:

Loans from banks are financing activities , not part of cash and cash equivalents , which include cash on hand, bank balances, and short-term highly liquid investments.

Question

In the cash flow statement, ‘cash and cash equivalents’ do not include:

A Bank balances

B Short-term investments readily convertible into cash and subject to an insignificant risk of changes in value

C Loan from bank

D Loan from bank

Practice Next

More Accounts Questions

With respect to AS: 19 (Leases), which of the following statement is incorrect?
Errors in reconciliation and settlement in back office mainly lead to:
Find out the Ordering Level from the following information:
Deepak and Vivek are partners sharing profit in the ratio of 3 : 2. They admit Ashu as a new partner for 1/5 share in the profit. Calculate the new profit...
Which of the following books is NOT mandated to be maintained under the Companies Act, 2013?
An interface, that allows a user to interact with the e-commerce vendor in a two-tier architecture, is known as __________.
What is the standard deduction allowed on income from salaries under New Tax regime of Income Tax as announced in the Union Budget 2024-25?
Premature withdrawal from EPF comes under which section?
Which of the following is not a cash equivalent?
If the organisation has Budgeted sales > the Break-Even level of Sales, then Margin of Safety, would be:

Relevant for Exams:

HPCL CA

Hey! Ask a query

In the cash flow statement, ‘cash and cash equivalents’ do not include:

Detailed Solution

More Accounts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login