Identify If the Following Investments Meet the Requirements to Be

question 16

Essay

Identify if the following investments meet the requirements to be classified as cash and cash equivalents.
$$\begin{array} { | l | l | l | l | } \hline & \begin{array} { c } \text { Cash and } \\\text { cash } \\\text { equivalents } \\\text { (Yes/No) }\end{array} & \begin{array} { c } \text { Readily } \\\text { convertible } \\\text { to cash? } \\\text { (Yes/No) }\end{array} & \begin{array} { c } \text { Risk of change } \\\text { in cash value? } \\\text { (High/Med/Low) }\end{array} \\\hline \text { Chequing account in US dollars. } & & & \\\hline \text { Investment in long-term government bonds. } & & & \\\hline \begin{array} { l } \text { Cash in a sinking fund account for a future } \\\text { re-purchase of common shares. }\end{array} & & \\\hline \begin{array} { l } \text { Investment in a mutual fund that invests in } \\\text { common shares of public corporations. }\end{array} & & \\\hline \begin{array} { l } \text { Term deposit maturing } 100 \text { days after the } \\\text { year-end. }\end{array} & & & \\\hline\end{array}$$

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Definitions:

Equality Operator

A relational operator that checks whether its two operands are equal, usually represented by ==.

Disadvantages

Drawbacks or limitations that might hinder functionality, performance, or applicability in various contexts including software, hardware, or algorithmic designs.

Requires Use

Requires Use is not a standard programming term or concept, indicating a possible misuse or misunderstanding of terminology. NO.

Braces

Braces {} in programming are used to define a block of code, indicating the start and end of a function, loop, condition, or any compound statement.