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Which of the following should NOT be considered as part of cash and cash equivalents? a. Cash on hand b. Cash restricted for retirement of

Which of the following should NOT be considered as part of "cash and cash equivalents"?

a.

Cash on hand
b.

Cash restricted for retirement of bonds
c.

Highly liquid investments
d.

Certificates of deposit
e.

Investments in short-term securities (maturity = 3 months or less)

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