All of the following are examples of cash equivalents for presentation on the statement of financial position except :

Question

a) Commercial paper

b) Money market funds

c) Treasury bills

d) Treasury bonds

(CMA Adapted)

Mirza Islah-ud-Din Taimuri · Answer

D

Treasury bond fall under long term investment in company's financial as there maturity is more then 1 year or 1 accounting cycle.

مستخدم محذوف‎ · Answer

Treasury bonds LIQUIDITY FOR LONG TERM

Ahmed Mohamed Ismail · Answer

d) Treasury bonds

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Gayasuddin Mohammed · Answer

It should be option (D) bonds, as all other are very short term financial instruments can be considered as cash equivalents. Thanks.

Ramesh Kumar · Answer

it should be Treasury Bills