alleryStart learning →Moving surplus cash into a 3-month treasury bill is shown in cash flows as:
AOperating cash outflow
BFinancing cash outflow
CInvesting cash outflow
DExcluded, not a cash flow
Answer & Solution
Correct answer: D. Excluded, not a cash flow
Transfers among cash and cash equivalent items are cash management, so they are not cash flows of the statement.
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