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All of the following are examples of cash equivalents for presentation on the statement of financial position except :

a) Commercial paper

b) Money market funds

c) Treasury bills

d) Treasury bonds

(CMA Adapted)

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Question added by Deleted user
Date Posted: 2016/03/22
Mirza Islah-ud-Din Taimuri
by Mirza Islah-ud-Din Taimuri , Financial Controller , MOE’S TRANSPORT TRUCKING

D

Treasury bond fall under long term investment in company's financial as there maturity is more then 1 year or 1 accounting cycle.

Treasury bonds  LIQUIDITY FOR LONG TERM

Ahmed Mohamed Ismail
by Ahmed Mohamed Ismail , Audit and Taxes Manager , Consulting Office for Accounting and Taxes

 

d) Treasury bonds

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Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

It should be option (D) bonds, as all other are very short term financial instruments can be considered as cash equivalents. Thanks.

Ramesh Kumar
by Ramesh Kumar , Spares manager , Bajaj Auto

it should be Treasury Bills

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