Question

cash equivalents: multiple choice are readily convertible to a known cash amount. include investments due in twenty months. include long-term investments. include accounts payable. include accounts receivable.

Answer 1

Cash equivalents include investments due in twenty months.y bills, commercial.

Cash equivalents are investment securities that might be supposed for short-term making investments; they've excessive credit quality and are notably liquid. cash equivalents, additionally referred to as "cash and equivalents," are one of the three important asset lessons in economics making an investment, along with shares and bonds.

Cash equivalents include financial institution bills and marketable securities which include business paper and brief-term authorities bonds. Cash equivalents ought to have maturities of three months or less.

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