Which of the following items would not be classified as cash equivalents?
A)U.S.Treasury bills.
B)Trading securities.
C)Commercial paper.
D)Money market funds.

Question

Quizplus · Accepted Answer

Trading securities are investments in stocks or other securities that are bought and sold frequently for short-term gains. They cannot be considered cash equivalents because they are not easily convertible to cash and their value can fluctuate significantly. The other options listed (U.S. Treasury bills, commercial paper, and money market funds) are all commonly considered cash equivalents because they are highly liquid, short-term investments with minimal risk of value fluctuations.

Which of the Following Items Would Not Be Classified as Cash