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Which of the following items is considered as cash equivalents? - Accounts

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Question

Which of the following items is considered as cash equivalents?

Options

  • Marketable securities

  • Debtors

  • Investment

  • Bills of exchange

MCQ
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Solution

Marketable securities

Explanation:

Marketable securities are short-term, highly liquid investments and qualify as cash equivalents.

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Chapter 13: Cash Flow Statement - OBJECTIVE TYPE QUESTIONS [Page 13.158]

APPEARS IN

D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 13 Cash Flow Statement
OBJECTIVE TYPE QUESTIONS | Q (A) 35. | Page 13.158
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