Which of the following items would not be classified as cash equivalents? A. U.S. Treasury bills B.

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Which of the following items would not be classified as cash equivalents?

A. U.S. Treasury bills

B. Trading securities.

C. Commercial paper.

D. Money market funds.

Which of the following is not a condition that must be met for an item to be recorded as revenue?

A. Revenues must be earned.

B. The amount of the revenue must be measurable.

C. The revenue must be received in cash.

D. The costs of generating the revenue can be determined.

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

See More Books

Posted Date: Aug 31, 2018 09:23 AM

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Which of the following items would not be classified as cash equivalents? A. U.S. Treasury bills B.

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1 Trading securities Explanation Cash equivalent are short term investment securities whic... View the full answer

Intermediate Accounting

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