Cash equivalents do not include
A)U.S.Treasury bills.
B)money market accounts.
C)marketable securities.
D)commercial paper.

Question

Quizplus · Accepted Answer

Cash equivalents are highly liquid assets that can be easily converted into cash with very little risk of losing value. Marketable securities, such as stocks and bonds, are not considered cash equivalents because they carry a higher risk of loss and often take longer to convert to cash. Therefore, choice C is not a cash equivalent. Choices A, B, and D are all examples of cash equivalents.

Cash Equivalents Do Not Include