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Is the purchase of cash equivalent using reported on the statement of cash flows?

Purchase Accounting Purchase Agreements Purchase Ledger Financials
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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/03/06
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Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

No- purchase of cash equivalent using cash is NOT an outflow of cash and therefore does not get reported on Statement of cash flows.

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