Cash equivalent., Accounting, Basic Statistics

Cash equivalent
Short-term: highly liquid investments that are together [1) readily convertible to known amounts of cash & [2) so close to their maturity that they there insignificant risk of changes in value because of changes in interest rates, Generally only investments with unique maturities of three months, fewer meet this meaning,
Posted Date: 1/31/2012 5:41:38 AM | Location : United States

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