All of the Following Are Considered Cash Equivalents Except

question 16

Multiple Choice

All of the following are considered cash equivalents except:

• A)Marketable securities.
• B)Money market funds.
• C)Commercial paper.
• D)Treasury bills.

---

Definitions:

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, normally repayment of a loan.

Financing Statement

A document filed by a creditor to indicate a security interest in a debtor's assets, used primarily in secured transactions.

Security Agreement

A formal document granting a creditor a security interest in an identified asset or property, used as collateral for a loan.

Conflicting Security Interests

A situation where multiple parties claim a security interest in the same collateral, potentially leading to disputes over priority and rights.