All of the following are considered cash equivalents except:
A)Marketable securities.
B)Money market funds.
C)Commercial paper.
D)Treasury bills.

Question

Quizplus · Accepted Answer

While marketable securities are highly liquid and can be quickly converted to cash, they are not considered cash equivalents because their value can fluctuate and they carry some level of risk. Money market funds, commercial paper, and treasury bills are all considered cash equivalents because they are highly liquid, have a low risk of loss, and are easily convertible to cash.

All of the Following Are Considered Cash Equivalents Except