A Cash Equivalent Satisfies Which of the Following Criteria

question 166

Multiple Choice

A cash equivalent satisfies which of the following criteria?

• A)Readily convertible to a known amount of cash.
• B)Close to its maturity date but its market value may still be affected by interest rate changes.
• C)Generally within 12 months of its maturity date.
• D)Is not considered highly liquid.
• E)The same as cash.

Understand the concept of turnover in investment opportunities.

Calculate and interpret residual income for a given set of financial data.

Apply the concept of contribution margin ratio to evaluate investment opportunities.

Analyze the return on investment (ROI) for specific business scenarios.

---

Definitions:

Ethnic/Racial Minority Groups

Demographic groups that are smaller in number within a larger community and often differ in cultural, racial, or ethnic heritage from the majority.

Sexuality-Sensitive Therapies

Therapeutic approaches that consider and integrate the sexual orientation, experiences, and needs of individuals.

Reparative Therapy

A controversial and widely discredited practice aimed at changing an individual's sexual orientation or gender identity; also known as conversion therapy.

Sexual Conversion Therapy

A controversial and largely discredited practice aimed at changing an individual's sexual orientation from homosexual or bisexual to heterosexual.