Cash equivalents are longterm, unsecured but highly liquid assets that firms list in the fixed assets section on their balance sheet.

Name: Cash equivalents are longterm, unsecured but highly liquid assets that firms list in the fixed assets section on their balance sheet.
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Question

Cash equivalents are long­term, unsecured but highly liquid assets that firms list in the fixed assets section on their balance sheet.

Quizplus · Accepted Answer

Cash equivalents are short-term, highly liquid investments that mature within three months or less, not long-term assets. They are typically listed in the current assets section of a balance sheet, not in the fixed assets section.

Cash Equivalents Are Long­term, Unsecured but Highly Liquid Assets That

Cash Equivalents Are Longterm, Unsecured but Highly Liquid Assets That