Which of the Following Would Be Considered a Cash Equivalent

question 68

Multiple Choice

Which of the following would be considered a cash equivalent?

• A)Currency
• B)Time deposits
• C)Checks
• D)Money orders

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Definitions:

Government Regulations

The laws and rules established by governmental bodies intended to control or govern conduct within a certain area of activity.

Executive Branch

The branch of government responsible for enforcing laws and day-to-day management of the nation.

Legislative Branch

A division of government primarily responsible for making laws.

Privative Clause

A legal provision in a statute that limits the ability of courts to review decisions made by administrative bodies or officials.