Which of the Following Would Not Be Considered a Cash

question 62

Multiple Choice

Which of the following would not be considered a cash equivalent?

• A)A 30-day certificate of deposit.
• B)A ten-year Treasury note purchased over nine years ago,which matures in two months.
• C)A three-month Treasury bill.
• D)A money market fund held at the local bank.

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Definitions:

Limitations

Legal restrictions, often related to the time within which legal proceedings must be initiated.

Parental Consent

Legal authorization that a parent or guardian gives for their child to participate in certain activities or to receive certain medical treatments.

Terminally Ill

A condition in which an individual is facing a disease or illness that is incurable and likely to lead to death.

Common Law Marriages

A legally recognized marriage without formal ceremony or license, based on the couple's cohabitation and presentation as married to the public.