Relith Inc. is an automobile manufacturing company. The CEO of the company has confirmed to the account manager that one of its plants will be sold to Mr. Harry, a high net worth investor, for $20 million after 8 days. The account manager accounts the $20 million transaction as cash & cash equivalents. Based on the information, what can be concluded? Select a Choice Below current question choices OptionA The account manager has rightly classified it as a cash equivalent because it is a confirmed deal which will happen after 8 days. OptionB The account manager should not have classified it as a cash equivalent because the deal has not yet been officially communicated. OptionC The account manager should not have classified it as a cash equivalent until he receives a check. OptionD The account manager can classify it as cash equivalent only if he gets a special approval for the same from the CEO