Which of the following would not be included in the determination of cash equivalents?
A) bank overdrafts
B) 90 day treasury bills
C) restricted cash
D) money markets

Name: Which of the following would not be included in the determination of cash equivalents? A) bank overdrafts B) 90 day treasury bills C) restricted cash D) money markets
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Question

Quizplus · Accepted Answer

Restricted cash is not readily available for use and is set aside for specific purposes, so it is not considered a cash equivalent.

Which of the Following Would Not Be Included in the Determination