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http://en.wikipedia.org/wiki/Cash_and_cash_equivalents http://en.wikipedia.org/wiki/Cash_and_cash_equivalents Notice that journalists might just summarize ever
by revelation 12y ago
http://en.wikipedia.org/wiki/Cash_and_cash_equivalents http://en.wikipedia.org/wiki/Cash_and_cash_equivalents
Notice that journalists might just summarize everything as cash.
- vannevar 12y agoThis would seem to be the crux of it: Another important condition a cash equivalent needs to satisfy is that the investment should have insignificant risk of change in value... It could be argued that money that is not at risk is also not at work.