Asked by Britney Xiong on Jul 03, 2024

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Verified

Cash does not include

A) currency.
B) money orders.
C) post dated cheques.
D) coins.

Cash

Money in the form of physical currency, such as banknotes and coins, which can be used immediately for transactions.

Post Dated Cheques

Cheques written with a future date, not valid or actionable until that date, often used to ensure future payments.

Money Orders

Money orders are a method of payment that allows individuals to transfer or send pre-specified amounts of money securely, often used as an alternative to checks or cash.

  • Understand the classification and handling of cash and cash equivalents in financial disclosures.
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Verified Answer

AH
Amanda HernandezJul 08, 2024
Final Answer :
C
Explanation :
Post-dated cheques are not considered cash because they cannot be cashed until the date specified on the cheque.