All of the following are considered cash equivalents except:Multiple ChoiceMarketable securities.Money market funds.Commercial paper.Treasury bills.

Question

All of the following are considered cash equivalents except:Multiple ChoiceMarketable securities.Money market funds.Commercial paper.Treasury bills.
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Solution 1

The correct answer is: Marketable securities.

Here's why:

  1. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

  2. Money market funds, commercial paper, and treasury b Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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