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    Financial Accounting Study Set 6
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    Exam 12: The Statement of Cash Flows
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    Highly Liquid Short-Term Investments That Are Easily Convertible into Cash
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Highly Liquid Short-Term Investments That Are Easily Convertible into Cash

Question 120

Question 120

Multiple Choice

Highly liquid short-term investments that are easily convertible into cash are called:


A) cash reserves.
B) accounts receivable.
C) trading securities.
D) cash equivalents.

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