Cash and cash equivalents include:

Name: Cash and cash equivalents include:
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Cash and cash equivalents are typically short-term and highly liquid assets that can be quickly converted into cash. They should have an original maturity of less than three months. Examples include bank balances, treasury bills, and money market funds. Assets that have stable long-term value (choice A) or consistently grow in value over the long run (choice C) are not considered cash equivalents.

Cash and Cash Equivalents Include