Which of the following statements regarding the balance sheet and cash flow statement is true?
a) Cash and market securities on the balance sheet must equal cash and securities at the end of the year on the cash flow statement.
b) Cash and market securities on the balance sheet are always higher than cash and securities at the end of the year on the cash flow statement.
c) Cash and market securities on the balance sheet may differ from cash and securities at the end of the year on the cash flow statement.
d) Cash and market securities on the balance sheet are not relevant to the cash flow statement.