Are money market funds a cash equivalent 2024?
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Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
U.S. GAAP defines cash equivalents as --short-term, highly liquid investments that are readily convertible to known amounts of cash and that are so near their maturity that they present insignificant risk of changes in value because of changes in interest rates-- and includes a money market fund as an example of a cash ...
2023-05-14 10:57:54
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Liam Turner
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U.S. GAAP defines cash equivalents as --short-term, highly liquid investments that are readily convertible to known amounts of cash and that are so near their maturity that they present insignificant risk of changes in value because of changes in interest rates-- and includes a money market fund as an example of a cash ...