Cash equivalents______.A、are short-term, highly liquid investmentsB、include 6-m

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问题 Cash equivalents______.

选项 A、are short-term, highly liquid investments
B、include 6-month CDs
C、include checking accounts
D、include money orders

答案 A

解析答案为A项。cash equivalent“现金等价物”，是指企业的短期投资中那些期限短、流动性强、易于转换为已知金额现金、价值变动风险很小的国库券和信誉很好的金边企业债券。本题中只有A项是对现金等价物的正确叙述，故选A项。

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Thebankingorganizationsarenotsohighlygearedastheindustrialcompanies.