Which of the following is a cash equivalent?
Certificates of deposit that mature in less than three months
Certificates of deposit that mature in one year or less
Certificates of deposit that... View the full answer
- Typo error: Cash equivalents are investments that are highly liquid.
- Jun 07, 2018 at 6:34pm
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Cash Equivalent are those types of investments which are invested for a very short period of time, that is a... View the full answer
Cash equivalents are also known as 'cash or cash equivalents'. They are a part of... View the full answer