Which of the following would not be reported on the statement of financial position as a cash equivalent?

Question

Quizplus · Accepted Answer

Restricted cash is not considered a cash equivalent as it is not readily convertible into cash or used for short-term investments. The other options mentioned (money market fund, commercial paper, and treasury bill) are all types of short-term investments that can be easily converted into cash and are considered cash equivalents.

Which of the Following Would Not Be Reported on the Statement