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    Financial Accounting Study Set 11
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    Exam 11: The Statement of Cash Flows
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    Highly Liquid Short-Term Investments That Can Be Immediately Converted into Cash
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Highly Liquid Short-Term Investments That Can Be Immediately Converted into Cash

Question 99

Question 99

Multiple Choice

Highly liquid short-term investments that can be immediately converted into cash are called:


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

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