Which of the following is NOT a 'cash equivalent'?
A) time deposits
B) money market funds
C) cash management accounts
D) marketable securities

Question

Quizplus · Accepted Answer

Marketable securities are not considered cash equivalents as they carry a certain level of risk and may not be easily converted to cash. Time deposits, money market funds, and cash management accounts are all considered cash equivalents as they are highly liquid and can be easily converted to cash.

Which of the Following Is NOT a 'Cash Equivalent