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 would not be considered part of "cash and cash equivalents" because it is designated for a specific purpose and cannot be used for general business operations.

Which of the Following Should Not Be Considered as Part