Which of the following is not a cash equivalent?
A) commercial paper acquired with 75 days to maturity
B) bond sinking fund
C) money market funds
D) treasury bill acquired with 30 days to maturity

Name: Which of the following is not a cash equivalent? A) commercial paper acquired with 75 days to maturity B) bond sinking fund C) money market funds D) treasury bill acquired with 30 days to maturity
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Question

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Bond sinking fund is not a cash equivalent because it is not a short-term, highly liquid investment.

Which of the Following Is Not a Cash Equivalent