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12 December, 04:19

Most firms elected to define funds in the statement of changes in financial position as:

Options

Cash

Working capital

Current assets

Owners' Equity

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Answers (1)
  1. 12 December, 04:23
    0
    Most firms elected to define funds in the statement of changes in financial position as "current assets" because with this phrase it is somewhat implied that they can shift at any given moment.
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