Which of the following is not considered a cash asset? A) Marketable securities B) Cash items in process of collection C) Demand deposits at private financial institutions D) Demand deposits at the Federal Reserve E) Vault cash

Question

Quizplus · Accepted Answer

Marketable securities are not considered cash assets because they are investments that can be sold for cash, but are not immediately available as cash on hand. The other options listed are all considered cash assets.

Which of the Following Is Not Considered a Cash Asset