Which of the Following Is Sometimes Called near Cash

question 98

Multiple Choice

Which of the following is sometimes called near cash?

• A) Accounts payable
• B) Inventory
• C) Accounts receivable
• D) Pledges

Comprehend the relationship between a firm's assets, liabilities, and owner's equity.

Learn the structure and purpose of the principal financial statements.

Understand the role and types of accountants, including management and government accountants.

Recognize the importance of financial information publication by not-for-profit organizations.

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Definitions:

Weathering

The breakdown of rocks, soil, and minerals as well as artificial materials through contact with the Earth's atmosphere, organisms, and water.

Precipitation

Any kind of water, either as a liquid or a solid, that drops from the clouds and lands on the Earth, covering types like rain, snow, sleet, and hail.

Gold Placer Deposits

Concentrations of gold found in sedimentary deposits, formed by gravity separation during sedimentary processes.

Caldera

A caldera is a large depression formed when a volcano erupts and collapses, following the emptying of the magma chamber below the volcano.