हिंदी

State true or false with reason. The short term deposits are considered as cash equivalent.

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प्रश्न

State true or false with reason.

The short term deposits are considered as cash equivalent.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is True.

The short-term deposits are liquid assets. It means deposits kept for some period (usually less than one year) and they are kept with an intention to get money quickly as and when required. They are as good as cash and considered as cash equivalent

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [पृष्ठ ३७६]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q C. 8. | पृष्ठ ३७६

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