As per Accounting Standard-3, cash equivalents include —

CS Executive · Cost and Management Accounting · PYQS · June 2015
As per Accounting Standard-3, cash equivalents include —
(A) Treasury bills
(B) Commercial papers
(C) Money market funds
(D) All of the above.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Accounting / Cash Flow Statement

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