Saturday, October 10, 2020

The term commonly used to refer to short-term investments that have a maturity date no longer than three months from the date of purchase is:

The term commonly used to refer to short-term investments that have a maturity date no longer than three months from the date of purchase is:


A) Accounts receivable.

B) Cash equivalents.

C) Accounts payable.

D) Short-term investments.


Answer: Cash equivalents.

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