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.
Question : 'Current Investments’, ‘Short-term Investments’ and ‘Marketable securities’ should be included in
Question : Which of the following is not a part of Current Assets?
Question : _____________unless specified otherwise, are taken as Marketable Securities and included in Cash and Cash Equivalents.
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