Which of the Following Items Is Considered to Be a Cash

question 168

Multiple Choice

Which of the following items is considered to be a cash equivalent?

• A) An investment in a U. S. bond due in two years
• B) A one-year certificate of deposit due in six weeks
• C) A one-month Treasury bill due in two weeks
• D) A promissory note due from a customer in 7 months

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