Which of the Following Should Not Be Considered Cash by an Accountant

question 189

Multiple Choice

Which of the following should not be considered cash by an accountant?

• A) money orders
• B) bank checking accounts
• C) postage stamps
• D) travelers' checks

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Definitions:

Supply (S)

The total amount of a specific good or service that is available to consumers at various prices over a certain period.

Demand (D)

In economic terms, the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Substitute

A good or service that can be used in place of another, allowing consumers to switch between them based on price, preference, or availability.

Equilibrium

A situation where the supply and demand in the market are equal, leading to stable prices.