1. Which of the following would not be included in the determination of cash equivalents?

post dated cheques

money markets

bank overdrafts

90 day treasury bills

2. A bank overdraft would be reported as

a current liability.

accounts payable.

negative cash under current assets.

a non-current liability.

3. Securities that can be purchased for strategic purposes

include only debt investments.

exclude both equity securities and debt investments.

include both equity securities and debt investments.

include only equity securities to influence relationships between companies.