The Balance Sheet reports the ending cash,but does not include cash equivalents.

Name: The Balance Sheet reports the ending cash,but does not include cash equivalents.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Balance Sheet reports the ending cash AND cash equivalents. Cash equivalents are short-term, highly liquid investments such as money market funds and treasury bills that can be easily and quickly converted to cash. These items are typically included in the "Cash and Cash Equivalents" line item on a company's balance sheet.

The Balance Sheet Reports the Ending Cash,but Does Not Include