Which of the Following Is a Cash Equivalent

question 93

Multiple Choice

Which of the following is a cash equivalent?

• A)Accounts receivable
• B)A one-year note receivable
• C)Money market funds
• D)An investment in Microsoft's stock

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Definitions:

International Production

Creating goods in multiple countries around the globe, often to minimize costs or maximize quality.

Direct Exporting

Direct exporting refers to the process by which a company sells its products directly to buyers in a foreign market without intermediaries.

North American Free Trade Agreement

An agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries.

NAFTA Member Nations

The countries that are part of the North American Free Trade Agreement, aimed at reducing trading costs, increasing business investment, and helping North America be more competitive in the global marketplace.