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Which of the following pertaining to cash equivalents is false? Multiple Choice They are readily convertible to a known cash amount. They must usually be

Which of the following pertaining to cash equivalents is false? Multiple Choice They are readily convertible to a known cash amount. They must usually be within three months of their due date. They are close enough to their due date so that their market value will not greatly change. They include short-term U.S. treasury bills. They include long-term investments

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