Cash, not including cash equivalents, includes:
A) Customer checks, cashier checks, and money orders.
B) Two-year certificates of deposit.
C) Postage stamps.
D) IOUs.
E) Money market funds.

Question

Quizplus · Accepted Answer

Customer checks, cashier checks, and money orders are all forms of cash that can be deposited and used for transactions. Two-year certificates of deposit, postage stamps, IOUs, and money market funds are not forms of cash.

Cash, Not Including Cash Equivalents, Includes