U.S.Treasury bills that mature within a period of four to six months are cash equivalents.
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Q12: Entries made in the general journal after
Q13: Financial assets describe not just cash,but all
Q14: Internal control is strengthened by a policy
Q15: Financial assets may be current or long-term
Q16: The first step in a bank reconciliation
Q18: Compensating balances are not included in the
Q19: Cash equivalents include money market funds,U.S.Treasury bills,and
Q20: Internal control will aid in achieving accurate
Q21: Short-term investments in marketable securities may not
Q22: Gains (or losses)on sales of marketable securities,as
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