Which of the following is not considered a cash asset?
a. Marketable securities
b. Cash items in process of collection
c. Demand deposits at private financial institutions
d. Demand deposits at the Federal Reserve
e. Vault cash
Answer: A
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
a. Marketable securities
b. Cash items in process of collection
c. Demand deposits at private financial institutions
d. Demand deposits at the Federal Reserve
e. Vault cash
Answer: A