Which of the Following Is Not Considered to Be a Cash

question 105

Multiple Choice

Which of the following is not considered to be a Cash Equivalent?

• A)Corporate commercial paper due in 60 days after purchase
• B)U.S.Treasury bills with an original maturity of six months
• C)A money market account with a stock brokerage firm
• D)A certificate of deposit with a term of 75 days when acquired

---

Definitions:

Percentage Increase

The rate at which a specific quantity grows over a particular period of time, expressed as a fraction of the initial value.

Sales Data

Information related to the sales performance of a company, including volume, trends, and geographical distribution of sales.

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations with its liquid assets.

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.