beatrixkiddo
New member
...balance sheet as a cash equivalent? 26.Which of the following would not be reported on the balance sheet as a cash equivalent?
A)Money market fund.
B)Commercial paper.
C)Treasury bill.
D)Restricted cash.
27.Cash equivalents do not include
A)money market accounts.
B)commercial paper.
C)U.S. Treasury bills.
D)long-term investment.
28.Collier Company has implemented a just-in-time system, which relies on suppliers to deliver goods for resale as needed. This implementation is most consistent with which of the following basic principles of cash management?
A)Increasing the speed of receivables collection.
B)Planning the timing of major expenditures.
C)Keeping inventory levels low.
D)Delaying the payment of liabilities.
29.Management of cash is the responsibility of the company
A)accountant.
B)president.
C)treasurer.
D)vice-president.
A)Money market fund.
B)Commercial paper.
C)Treasury bill.
D)Restricted cash.
27.Cash equivalents do not include
A)money market accounts.
B)commercial paper.
C)U.S. Treasury bills.
D)long-term investment.
28.Collier Company has implemented a just-in-time system, which relies on suppliers to deliver goods for resale as needed. This implementation is most consistent with which of the following basic principles of cash management?
A)Increasing the speed of receivables collection.
B)Planning the timing of major expenditures.
C)Keeping inventory levels low.
D)Delaying the payment of liabilities.
29.Management of cash is the responsibility of the company
A)accountant.
B)president.
C)treasurer.
D)vice-president.