Question : Which of the following is not a part of Cash and Cash Equivalents?
Option 1: Inventories
Option 2: Current Investments
Option 3: Short-term Deposits
Option 4: Marketable Securities
Correct Answer: Inventories
Solution : Because it could be difficult to convert stock that a business keeps on hand into cash, Hence it is not regarded as a cash equivalent.
Hence the correct answer is option 1.