Multiple Choice
Which of the following would NOT be reported on the balance sheet as a cash equivalent?
A) money market fund
B) sixty-day guaranteed investment certificate
C) restricted funds for plant expansion in two years
D) three-month treasury bill
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Electronic Funds Transfers are used to<br>A) reduce
Q38: A system of internal control<br>A) can never
Q39: The fees for credit cards are higher
Q40: A debit memorandum would NOT be issued
Q41: Internal auditors<br>A) are hired by CA firms
Q43: Brown's Convenience is open 7 days a
Q44: The retailer considers VISA and MasterCard sales
Q45: Internal auditors evaluate the effectiveness of the
Q46: Below are descriptions of internal control problems.
Q47: One advantage of a cheque is that