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  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 12: The Statement of Cash Flows
  5. Question
    To Be Classified as a Cash Equivalent,an Item Must Be
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To Be Classified as a Cash Equivalent,an Item Must Be

Question 39

Question 39

True/False

To be classified as a cash equivalent,an item must be readily convertible to a known amount of cash and have an original maturity to the investor of three months or more.

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