B is incorrect

Cash equivalents include: A. accounts receivable. B. high-grade U.S. or foreign government securities that are very close to maturity (three months or less from the balance sheet date); purchased six months before the maturity date. OC. certificates of deposit. OD. inventory held for sale. Cash equivalents include: A. accounts receivable. B. high-grade U.S. or foreign government securities that are very close to maturity (three months or less from the balance sheet date); purchased six months before the maturity date. OC. certificates of deposit. OD. inventory held for sale