What Is Included in "Cash and Cash Equivalents

question 41

Multiple Choice

What is included in "cash and cash equivalents"?

• A)Cash on hand.
• B)Term deposits maturing in 180 days.
• C)Treasury bills maturing in 120 days.
• D)Bonds of a publicly traded company that mature in one year.

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Definitions:

Resource Consumption

The usage of resources by a company or process, including materials, energy, and labor, critical for understanding cost behaviors and environmental impact.

Activity-Based Costing

A costing methodology that assigns costs to products or services based on the activities and resources required to produce or deliver them.

Activity Cost Pools

A technique in managerial accounting where costs are aggregated based upon the activities that generate those costs, to assign costs more accurately.

Machine-Hours

A measure of production activity that quantifies the amount of time machinery is used to manufacture products during a specific period.