Question
Which of the following would be considered a cash equivalent? Cash in the company checking account Cash held in a separate money market account as
Which of the following would be considered a cash equivalent?
Cash in the company checking account
Cash held in a separate money market account as required by a lender (a bank).
Treasury bill with a 4-week maturity date
2 year certificate of deposit
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, Kung Chen, Thomas Lin
1st Edition
0070059160, 978-0070059160
