Financial securities which can be changed into cash at their book value price are categorized as ______?
مالیاتی سیکیورٹیز جن کو ان کی کتاب کی قیمت کی قیمت پر نقد رقم میں تبدیل کیا جاسکتا ہے اسے ______ کے طور پر درجہ بندی کیا گیا ہے؟
Answer: Cash Equivalents
Explanation
Cash equivalents are short-term, highly liquid investments easily convertible to cash.
They have minimal risk of value change and are recorded at book value.
This question appeared in
Past Papers (4 times)
Account Officer Past Papers, Syllabus, Jobs (2 times)
SPSC 25 Years Past Papers Subject Wise (Solved) (1 times)
SPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
ACCOUNTING (1 times)
Related MCQs
- Puget Sound Co. sold marketable securities costing $80,000 for $92,000 cash. In the company’s income statement and statement of cash flows, respectively, this will appear as _____?
- Which statement shows the flow of cash and cash equivalents during the financial period?
- Which statement shows the flow of cash and cash equivalents during the financial period ?
- The distant price of the 20% is less than retail price. James purchase the book at 30% discount price at special book sale. What percentage of retail price did James pay?
- If an increase of 20% changed the price of shirt to Rs. 480, then the original price of the shirt is?
- Which item comes under financial activities in cash flow?
- What information would you find in a statement of cash flows that you would not be able to get from the other two primary financial statements?
- The statement of cash flow clarifies cash flows according to ______?
- The most high option price in financial planning , will lead to :
- What is the term for the interest rate that makes the present value of an investment's cash flows equal to its price?
