Investments that do not normally change in value are disclosed on the balance sheet as cash and cash equivalents.

Name: Investments that do not normally change in value are disclosed on the balance sheet as cash and cash equivalents.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

Cash and cash equivalents include only liquid assets that can be easily converted into cash, such as bank accounts, money market funds, and short-term certificates of deposit, and not investments such as stocks or bonds which can fluctuate in value.

Investments That Do Not Normally Change in Value Are Disclosed