新用户扫码下载
扫码下载APP
及时接收最新考试资讯及
备考信息
USCPA精选习题12：Financial
不积跬步，无以至千里；不积小流，无以成江海。既然选择了美国注册会计师，就要朝着它勇敢向前，每天进步一点点，基础扎实一点点，备考也就会更容易一点点。正保会计网校为大家整理了习题，希望大家利用好这些内容，能够在有限的时间内提高自己成绩。
Mend Co. purchased a three-month U.S. Treasury bill. Mend's policy is to treat as cash equivalents all highly liquid investments with an original ma
a. As an outflow from investing activities.
b. As an outflow from financing activities.
c. As an outflow from operating activities.
d. Not reported.
【正确答案】D
【答案解析】
Choice "d" is correct. The U.S. Treasury bill is considered to be a cash equivalent item so purchasing the T-bill merely changes the form of cash held, it does not change the cash position of the entity. Thus, the purchase is not reported on the statement of cash flows.
Choice "c" is incorrect. Changes between cash and cash equivalent items do not affect the cash position of the entity and are not reported as an outflow from operating activities on the statement of cash flows.
Choice "a" is incorrect. Changes between cash and cash equivalent items do not affect the cash position of the entity and are not reported as an outflow from investing activities on the statement of cash flows. However, purchase of other forms of debt instruments is an investing activity.
Choice "b" is incorrect. Changes between cash and cash equivalent items do not affect the cash position of the entity and are not reported as an outflow from financing activities on the statement of cash flows.
相关推荐：
有意向报考的AICPA的考生赶快点击下方按钮进行免费预评估>> 了解AICPA报考条件吧！
新用户扫码下载
京公网安备 11010802044457号