Cash may not include:
A)Foreign currency.
B)Money orders.
C)Accounts receivable.

Question

Quizplus · Accepted Answer

Accounts receivable are not included in cash as they represent money that is owed to the company but not yet received. Only actual physical currency and certain specific financial instruments such as checks, savings accounts, and petty cash are considered cash. Foreign currency and money orders are commonly included in the definition of cash.

Cash May Not Include