Ninety-Day U.S. Treasury Notes Are Considered Cash Equivalents

question 77

True/False

Ninety-day U.S. Treasury notes are considered cash equivalents.

---

Definitions:

Ionic Compound

A chemical compound composed of ions held together by electrostatic forces termed ionic bonding, generally formed between metal and non-metal ions.

Calcium

A soft gray alkaline earth metal, symbol Ca, essential for living organisms, particularly in cell physiology and bone formation.

Oxygen

Oxygen, a diatomic gas with the molecular formula O2, is critical for respiration in living organisms and supports combustion.

Ionic Compound

A chemical compound formed by the transfer of electrons from one atom to another, resulting in the formation of positively and negatively charged ions.