What is the rule of thumb in terms of the number of months for classifying an investment

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What is the rule of thumb in terms of the number of months for classifying an investment as a cash equivalent? If an investment has a maturity that does not meet this rule-of-thumb test, then how is it classified?LO1.

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Financial Accounting A Global Perspective

ISBN: 9780470518403

1st Edition

Authors: Rod Monger

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Question Posted: Jun 16, 2024 04:33 AM

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What is the rule of thumb in terms of the number of months for classifying an investment

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Financial Accounting A Global Perspective

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