Cash Equivalents Include

question 97

Multiple Choice

Cash equivalents include:

• A)checks.
• B)coins and currency.
• C)money market funds and commercial paper.
• D)stocks and short-term bonds.

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Definitions:

Efficient

Performing or functioning in the best possible manner with the least waste of time and effort.

Catalyst

Substance that increases the rate at which a chemical reaction proceeds without being changed permanently.

Chemical Reaction

A process that leads to the transformation of one set of chemical substances to another, characterized by the breaking and formation of bonds.

Solute

Dissolved substance in a solution.