1. Which of the following is not included in Cash and cash equivalents? ...
1. Which of the following is not included in Cash and cash
equivalents?
a. Coins
b. short-term treasury bills
c. commercial paper
d. Compensating balance
Homework Answers
Correct answer------(d) Compensating balance
.
Cash and cash equivalent includes cash, coins, treasury bills, government bonds of less than 3 months maturity, commercial papers, etc.
Compensating balance is not a part of cash and cash equivalent.
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1. Which of the following is not included in Cash and cash
equivalents?
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