Craigs financial planner is preparing his balance sheet. Which of the following would not generally be considered

Question:

Craig’s financial planner is preparing his balance sheet. Which of the following would not generally be considered “cash and cash equivalents?”

a. Cash value in life insurance.

b. Money market account.

c. Certificate of deposit with a 6 month maturity.

d. Checking account.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

Question Posted: