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The accounting team at a construction company notice that cash is coming in faster than it is needed to pay the bills. The department decides

The accounting team at a construction company notice that cash is coming in faster than it is needed to pay the bills. The department decides it would be best to invest this extra cash for the next month until it is needed. Temporary investments of cash such as this are known as
Multiple Choice
treasury bills.
marketable securities.
commercial certificates of deposit.
lockboxes.

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