Cash equivalents are defined by IFRS as

Name: Cash equivalents are defined by IFRS as
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IFRS defines cash equivalents as short-term highly liquid investments that are readily convertible into known amounts of cash. This includes instruments such as treasury bills, commercial paper, and money market funds with a maturity date of three months or less from the date of purchase. Cash on hand and demand deposits may be considered part of cash and cash equivalents but do not fully encompass the definition.

Cash Equivalents Are Defined by IFRS as