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Which of the following is not a characteristic of an entity's cash equivalents, as defined by international standard IAS7?

a. A short-term investment b. A highly liquid investment c. An investment which is readily convertible into known amounts of cash d. An investment which is subject to significant risk of changes in value

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Question ajoutée par Utilisateur supprimé
Date de publication: 2013/08/28
Utilisateur supprimé
par Utilisateur supprimé

Option d.
An investment which is subject to significant risk of changes in value.

Utilisateur supprimé
par Utilisateur supprimé

Option d is the true option

Saifullah Shirazi
par Saifullah Shirazi , Senior Accountant , Suraj Cotton Mills Limited

D is the right answer as per IAS7

Prince Ninan
par Prince Ninan , Audit Executive , Lewis & Pecker

Ans-.
An investment which is subject to significant risk of changes in value

Farhan uddin Khilji
par Farhan uddin Khilji , Head of Internal Audit , ABV Rock Group Co. Ltd.

d.
An investment which is subject to significant risk of changes in value.