Which of the Following Items Would Be Considered a Cash

question 64

Multiple Choice

Which of the following items would be considered a cash equivalent if it was held at the balance sheet date?

• A) U.S.Treasury bill purchased when there were 90 days until maturity.
• B) Commercial paper with a 6-month maturity which was purchased at the issue date.
• C) The common stock of a company traded on the New York Stock Exchange which was purchased 30 days before the balance sheet date.
• D) U.S.Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date.

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Definitions:

Time-management Technique

A strategy or method employed to use one's time more efficiently, focusing on prioritization, organization, and goal-setting to achieve desired outcomes.

Hypothalamus

A small region of the brain involved in hormonal control and regulating vital bodily functions, such as temperature and hunger.

Fight-Or-Flight Response

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.

Interests Outside

Activities or hobbies an individual engages in beyond their professional life or main areas of study.