An Example of a Cash Equivalent Is

question 87

Multiple Choice

An example of a cash equivalent is

• A) a 120-day time deposit.
• B) notes receivable.
• C) accounts receivable.
• D) a 60-day certificate of deposit.

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Definitions:

Henry Care

An English political writer and polemicist of the 17th century known for his advocacy of civil liberties and constitutional government.

Common Ownership

Refers to the holding of assets in a manner where ownership rights are vested not in any individual but in a collective or group.

Diggers

A group of Protestant radicals in England during the 17th century, who advocated for common ownership of land.

English Group

A collective or organization associated with England or English interests, possibly focusing on language, culture, or mutual objectives.