Cash equivalents:
A. Are short-term, highly liquid investment assets.
B. Include 6-month CDs.
C. Include checking accounts.
D. Are recorded in petty cash.
E. Include money orders.
Answer: A. Are short-term, highly liquid investment assets.
Cash equivalents:
A. Are short-term, highly liquid investment assets.
B. Include 6-month CDs.
C. Include checking accounts.
D. Are recorded in petty cash.
E. Include money orders.
Answer: A. Are short-term, highly liquid investment assets.