Which of the following should not be considered cash by an accountant?
A) money orders
B) bank checking accounts
C) postage stamps
D) travelers' checks

Name: Which of the following should not be considered cash by an accountant? A) money orders B) bank checking accounts C) postage stamps D) travelers' checks
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Question

Quizplus · Accepted Answer

While money orders, bank checking accounts, and travelers' checks can easily be converted into cash, postage stamps cannot. Therefore, they should not be considered cash.

Which of the Following Should Not Be Considered Cash by an Accountant