For an Investment to Qualify as a Cash Equivalent, It

question 120

Multiple Choice

For an investment to qualify as a cash equivalent, it must be readily convertible to a known amount of cash and which of the following is correct?

• A) It must be identified as a cash equivalent on the statement of earnings.
• B) It must mature within 4 months.
• C) The investment must have a known foreign exchange rate.
• D) Must be sufficiently close to its maturity date so that its market value is relatively insensitive to interest rate changes.

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Definitions:

Sex Chromosome

A type of chromosome involved in determining the sex of an organism, with the most common configuration being XX for females and XY for males in humans.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, which carry genetic information.

Chromosomes

Structures within cells that contain genetic material (DNA) and are responsible for determining the characteristics of an organism.

Adenine

A purine nucleobase used in forming nucleotides of the nucleic acids DNA and RNA, involved in cellular energy transfer and signaling.