Cash equivalents are short-term and highly liquid investments that area. classifi ed as year-long securitiesb. always convertible into cash and acquired two years before maturityc. always convertible into cash and acquired six months before maturityd. readily convertible into cash and acquired three months before maturity

Answers

  • Réponse publiée par: cleik

    Subject Economics

    The correct answer among the four given choices is letter d. Cash equivalents are described as short-term assets and highly liquid investments that are readily convertible into cash and acquired three months before maturity.

    CASH EQUIVALENTS

    Cash and cash equivalents are normally shown in one line in the balance sheet section. These are shown as the first elements under current assets section.

    Examples of Cash include the following:

    currency and coins checks received from customers but not yet deposited checking accounts petty cash

    Examples of Cash Equivalents include the following:

    Treasury BillsCommercial PaperMoney Market Accounts

    For further related topic about assets and liabilities

    Code 11.11.3.8.

  • Réponse publiée par: pataojester10

    Explanation:

    Emotion plays an important role in decision making and consumer behavior, and culture shapes different aspects of emotion

  • Réponse publiée par: saintjohn

    Explanation:

    Ang isang lipunan ay mahalagang bahagi ng ating buhay. Mapapanatiling matatag ang isang lipunan kung mayroon siya nga mga elemento ng Istrukturang Panlipunan (Elements/Components of Social Structure). Ito ay ang sumusunod:

    Estado sa Lipunan

    Kahalagahan at kasaysayan

    Mga Grupo at Institusyon

    Panlipunang Institusyon/Organisasyon

    Mga Ganap sa Lipunan

    Kultura

    Read more on -

Connaissez-vous la bonne réponse?
Cash equivalents are short-term and highly liquid investments that area. classifi ed as year-long se...