Which of the following would NOT be considered a 90-day cash equivalent?

Name: Which of the following would NOT be considered a 90-day cash equivalent?
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Question

Quizplus · Accepted Answer

Coin is not considered a cash equivalent because it cannot be easily converted into cash within 90 days. The other options listed (time deposits, Treasury notes, and certificates of deposits) are all considered 90-day cash equivalents because they can be converted into cash quickly and with little risk of loss in value.

Which of the Following Would NOT Be Considered a 90-Day