Practicing Success
Which of the following item are considered as cash equivalents ? |
Short term Marketable Securities Commercial Papers Treasury Bills All of the above |
All of the above |
Examples of cash equivalents include commercial paper, Treasury bills, and short-term government bonds with a maturity date of three months or less. Marketable securities and money market holdings are also considered cash equivalents because they are liquid and not subject to material fluctuations in value. |