The key to the classification of an amount as cash is that it be available to pay debts within a three-month period of time.

Name: The key to the classification of an amount as cash is that it be available to pay debts within a three-month period of time.
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The key to the classification of an amount as cash is its availability to pay debts without restriction, not the specific timeframe of three months. Cash includes currency on hand and demand deposits with banks or financial institutions.

The Key to the Classification of an Amount as Cash