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Which of the following should NOT be considered as part of cash and cash equivalents? a. Cash on hand b. Investments in short-term securities (maturity

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Which of the following should NOT be considered as part of "cash and cash equivalents"? a. Cash on hand b. Investments in short-term securities (maturity = 3 months or less) c. Certificates of deposit d. Cash restricted for retirement of bonds e. Highly liquid investments

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