Which of the following should be reported as cash

and cash equivalents and why?

Accounts receivable and short term

investments are liquid enough to be

reported as cash and cash equivalents.

Long term assets and prepaid expenses

reduce the financial burden of the

company so should be reported as cash

and cash equivalents.

Money market funds and treasury bills

are liquid enough to be reported as cash

and cash equivalents.

Petty cash and restricted cash are both

types of cash so should be reported as

cash and cash equivalents.