A USTreasury Bill with an Original Maturity of 90 Days or or Less

question 56

True/False

A U.S.Treasury bill with an original maturity of 90 days or less is considered a cash equivalent.

---

Definitions:

State Affairs

Involves the management and governance of public sector entities and the various aspects of a country's internal and external matters.

Organizations

Entities that are structured and managed to meet a need or pursue collective goals on a continuing basis.

Corporate Restructuring

The process of significantly changing the structure, operations, or financial setup of a corporation to increase its profitability or efficiency.

Managerial Incompetence

A lack of the necessary skills, abilities, or knowledge for effective management and leadership within an organization.