Choose from the following list of terms/phrases to best complete the following statements.
a. Cash
b. Cash equivalents
c. Outstanding check
d. Liquidity
e. Bank reconciliation
f. Current assets
_____1. The _____category includes currency and coins along with amounts on deposit in bank accounts, checking accounts, and savings accounts.
_____2. The term _____refers to a company's ability to pay for its near-term obligations.
_____3. The ______category includes short-term, highly liquid investment assets that are readily convertible to a known cash amount and sufficiently close to their due dates so that their market value is not sensitive to interest rate changes.