Choose from the following list of terms and phrases to best complete the following statements.

a. Cash

b. Cash equivalents

c. Outstanding check

d. Liquidity

e. Cash over and short

f. Voucher system 

1. The _______ category includes currency, coins, and deposits in bank accounts.
2. The term ________ refers to a company’s ability to pay for its current liabilities.
3. The ________ category includes short-term, highly liquid investment assets that are readily convertible to a known cash amount and sufficiently close to their due dates so that their market value will not greatly change.