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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


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

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.

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