A typical example of a cash equivalent is an investment in:
A) Treasury stock
B) Commercial paper
C) Stock of other companies selling on an exchange
D) All of the above

Name: A typical example of a cash equivalent is an investment in: A) Treasury stock B) Commercial paper C) Stock of other companies selling on an exchange D) All of the above
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Cash equivalents must be easily convertible into a known cash amount and close to maturity so that their value is not affected by interest rate changes.

A Typical Example of a Cash Equivalent Is an Investment