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

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a) Commercial paper

b) Money market funds

c) Treasury bills

d) Treasury bonds

(CMA Adapted)

US GAAP CMA

Question ajoutée par Utilisateur supprimé
Date de publication: 2016/03/22

Apprécier (1) Vues (11) Suiveurs (5) Réponses (5) Report Question

par Mirza Islah-ud-Din Taimuri , Financial Controller , MOE’S TRANSPORT TRUCKING

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

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

d) Treasury bonds

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Apprécier (1)

par 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.

par Ramesh Kumar , Spares manager , Bajaj Auto

it should be Treasury Bills

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