Identify If the Following Investments Meet the Requirements to Be

question 21

Essay

Identify if the following investments meet the requirements to be classified as cash and cash equivalents.
$\begin{array}{c}\begin{array}{|l}\hline\\\\\\\\\hline \text {a.}\\\hline \text {b.}\\\\\hline \text {c.}\\\\\hline \text { d.}\\\\\hline \text {e.}\\\\\hline\end{array}\begin{array}{|l}\hline\\\\\\\\\hline \text {Chequing account in U.S. dollars.}\\\hline \text {Investment in a mutual fund that }\\\text {invests in common shares of public corporations.}\\\hline \text {Investment in long-term government}\\\text { bonds.}\\\hline \text {Term deposit maturing 100 days after}\\ \text {the year-end}\\\hline \text {Cash in a sinking fund account for a }\\\text {future re-purchase of common shares.}\\\hline\end{array}\begin{array}{|l}\hline \text {Cash and}\\ \text {cash }\\\text {equivalents}\\\text { (Yes/No)}\\\hline\\\hline\\\\\hline\\\\\hline\\\\\hline\\\\\hline\end{array}\begin{array}{|l|}\hline \text {Readily}\\ \text {cconvertible}\\ \text {cto cash?}\\ \text {(Yes/No)}\\\hline\\\hline\\\\\hline\\\\\hline\\\\\hline\\\\\hline\end{array}\begin{array}{l|}\hline\\ \text {Risk of change}\\ \text { in cash value?}\\ \text {(High/Med/Low)}\\\hline\\\hline\\\\\hline\\\\\hline\\\\\hline\\\\\hline\end{array}\end{array}$

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Definitions:

Obtain An Interpreter

The process of hiring a person fluent in multiple languages to translate spoken or written communication between parties.

Medical Jargon

Specialized language used by healthcare professionals that can be confusing or incomprehensible to those outside the medical community.

Critical Thinking Skill

The ability to analyze information objectively and make a reasoned judgment.

Scientific Knowledge

Information and understanding gained through the scientific method, including observation, hypothesis testing, and empirical evidence.