Cash equivalents generally would not include short-term investments in:
A) Commercial paper.
B) Certificates of deposit.
C) Held-to-maturity debt securities.
D) Money market funds.

Question

Quizplus · Accepted Answer

Held-to-maturity debt securities are not considered cash equivalents because they are classified as investments held for a longer period of time and may be subject to fluctuations in value.

The other options (A, B, and D) are typically considered cash equivalents because they are highly liquid and easily convertible to cash, with a low risk of a change in value.

Cash Equivalents Generally Would Not Include Short-Term Investments In