A U.S.Treasury bill with an original maturity of 90 days or less is considered a cash equivalent.

Name: A U.S.Treasury bill with an original maturity of 90 days or less is considered a cash equivalent.
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Quizplus · Accepted Answer

This is true. U.S. Treasury bills with original maturities of 90 days or less are highly liquid and considered to be cash equivalents in financial accounting. They are often used by companies as short-term investments.

A USTreasury Bill with an Original Maturity of 90 Days or or Less