Which of the following should not be considered as part of "cash and cash equivalents"?
A) cash on hand
B) cash on deposit
C) highly liquid investments
D) investments in short-term securities (

Question

Which of the following should not be considered as part of "cash and cash equivalents"?
A) cash on hand
B) cash on deposit
C) highly liquid investments
D) investments in short-term securities (<90 day maturity)
E) cash restricted for retirement of bonds

Quizplus · Accepted Answer

Cash restricted for retirement of bonds is not considered as part of "cash and cash equivalents" because it is not available for general use and is set aside for a specific purpose.

Which of the Following Should Not Be Considered as Part