Which of the Following Characteristics Does Not Apply to Cash

question 86

Multiple Choice

Which of the following characteristics does not apply to cash equivalents?

• A) Short-term
• B) Highly-liquid
• C) Readily convertible into cash
• D) Sensitive to interest rate changes

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Definitions:

Reshoring

The practice of bringing manufacturing and production back to the company's original country from overseas.

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.

Advantage

A condition or circumstance that puts one in a favorable or superior position, especially in competition or comparison contexts.

Extensive Knowledge

A broad and deep understanding and insight into a specific subject area or multiple areas.