Question: Which statement is correct? Question content area bottom Part 1 A. An investment in a security at amortized cost must be classified as cash equivalent.

Which statement is correct? Question content area bottom Part 1 A. An investment in a security at amortized cost must be classified as cash equivalent. B. An investment in a security at FVPL must be classified as a cash equivalent. C. An investment in a security at FVOCI must be classified as a cash equivalent. D. An investment in a security held to meet short-term cash commitments must be classified as a cash equivalent

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