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    Business
  3. Study Set
    Financial Accounting for Decision Makers
  4. Exam
    Exam 5: Internal Control and Cash
  5. Question
    Certain Highly Liquid, Short-Term Investments of 90 Days Maturity or Less
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Certain Highly Liquid, Short-Term Investments of 90 Days Maturity or Less

Question 1

Question 1

True/False

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.

Correct Answer:

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