greglipsey1967 greglipsey1967
  • 17-07-2020
  • Business
contestada

Cash equivalents include a. money market accounts and commercial paper b. checks c. stocks and short-term bonds d. coins and currency

Respuesta :

tutordamola
tutordamola tutordamola
  • 18-07-2020

Answer:

The answer is A.

Explanation:

Cash equivalents are a very liquid current asset. Cash equivalents include any short-term investment securities . Examples are bank treasury bills, commercial paper, and other money market instruments.

Cash equivalents can be quickly turn to cash. It ranges between overnight transactions and 90 days.

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