Question: 2. Deposits held as compensating balances a. are usually some percentage of the committed amount. b. if legally restricted and held against short-term credit may

2. Deposits held as compensating balances

a. are usually some percentage of the committed amount.

b. if legally restricted and held against short-term credit may be included as cash.

c. if legally restricted and held against long-term credit may be included among current assets.

d. none of these.

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