Which of the Following Is Not a Characteristic of Cash

question 25

Multiple Choice

Which of the following is not a characteristic of cash and cash equivalents?

• A) They have a very low, or insignificant, risk of changing in value.
• B) They are highly liquid investments.
• C) They include short-term borrowings with a maturity of less than 3 months.
• D) None of the above. They are all characteristics of cash and cash equivalents.

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Definitions:

Sleep Stage

A phase of the sleep cycle, including rapid eye movement (REM) and non-REM stages, each characterized by different brain activities and bodily functions.

Champion

A person who passionately supports, promotes, or defends a cause or individual.

Convert

To change something into a different form or properties, often referring to changing beliefs, values, or data formats.

Defector

An individual who renounces allegiance to one's country, cause, or organization, typically in favor of an opposing one.