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In Order to Qualify as Cash Equivalents, Near-Cash Items Should

Question 41

Multiple Choice

In order to qualify as cash equivalents, near-cash items should have a term that is within:


A) 30 days of the balance sheet date.
B) 60 days of the balance sheet date.
C) 90 days of the balance sheet date.
D) 120 days of the balance sheet date.

Correct Answer:

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