Trade & FDI: Singapore vs Philippines

Froggy Jumps

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Openness & FDI effects

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Lanny Arena

Philippines

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Trade & FDI: Singapore vs Philippines


Froggy Jumps Trade & FDI: Singapore vs PhilippinesVersion en ligne Openness & FDI effects par Lanny Arena 1 Which item is generally classified as a cash equivalent? a Treasury bills purchased with maturity date under 90 days b Money orders from non-bank vendors c Postdated checks 2 What is the primary criterion for a financial asset to be a cash equivalent? a Highly liquid with insignificant risk of changes in value b Available-for-sale security with 6-month maturity c Long-term investment 3 How should bank overdrafts typically be presented in the balance sheet? a Offsets against cash and treated as current liabilities b Added to cash equivalents c Ignored in cash reporting 4 Which item is generally not included in cash equivalents? a Treasury bill b Commercial paper maturing in 60 days c Marketable securities held to maturity longer than 3 months 5 What is the effect of restricted cash on the balance sheet? a Included in cash equivalents b Deducted from long-term assets c Shown separately from cash and cash equivalents 6 What type of balance is typically used when reconciling bank statements? a Cash equivalents balance only b Non-cash balance c Cash balance per company records 7 Under ASC 230, which is true about cash equivalents? a Maturities must be within six months b They are always marketable securities c Original maturities are three months or less at the date of purchase 8 If a company holds funds in a compensating balance, how is it reported? a Reported as part of cash but disclosed restrictions b Excluded from cash c Only disclosed in notes 9 Which statement best describes cash vs cash equivalents? a Cash is currency and coin; cash equivalents are short-term, liquid assets b Cash includes only bank deposits c Cash equivalents are long-term 10 What happens when a cash equivalent matures slightly before 90 days but still is liquid? a It never qualifies b It may still qualify if it has insignificant risk of value change c It automatically becomes non-cash

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Trade & FDI: Singapore vs Philippines

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Trade & FDI: Singapore vs PhilippinesVersion en ligne

par Lanny Arena

Which item is generally classified as a cash equivalent?

What is the primary criterion for a financial asset to be a cash equivalent?

How should bank overdrafts typically be presented in the balance sheet?

Which item is generally not included in cash equivalents?

What is the effect of restricted cash on the balance sheet?

What type of balance is typically used when reconciling bank statements?

Under ASC 230, which is true about cash equivalents?

If a company holds funds in a compensating balance, how is it reported?

Which statement best describes cash vs cash equivalents?

What happens when a cash equivalent matures slightly before 90 days but still is liquid?