a cash equivalent is: multiple choice an investment readily convertible to a known amount of cash and sufficiently close to maturity so its market value is unaffected by interest rate changes. close to its maturity date but its market value may still be affected by interest rate changes. an account payable due within 5 months. is not considered highly liquid. one example of a noncash investing and financing activity.

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02-09-2022
Business

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a cash equivalent is: multiple choice an investment readily convertible to a known amount of cash and sufficiently close to maturity so its market value is unaffected by interest rate changes. close to its maturity date but its market value may still be affected by interest rate changes. an account payable due within 5 months. is not considered highly liquid. one example of a noncash investing and financing activity.

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