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1. Short-term, highly-liquid investments that are both, readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of
1. Short-term, highly-liquid investments that are both, readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates, are: a. Restricted Cash b. Cash Equivalents c. Petty Cash d. Bank overdrafts
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
