Certain highly liquid, short-term investments of 90 days maturity or less are often combined with Cash and presented as a single amount called Cash and Cash Equivalents on the balance sheet.

Question

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Cash and Cash Equivalents on a balance sheet typically include highly liquid investments with maturities of three months or less at the time of purchase, such as Treasury bills and commercial paper, along with actual cash.

Certain Highly Liquid, Short-Term Investments of 90 Days Maturity or Less