2013年10月8日星期二

Does a time deposit with automatic renewal after 3 mos maturity can be classify as cash and cash equivalents?

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Say a time deposit have 3 months maturity after acquisition and the instruction upon maturity is automatic renewal for another 3months. Can it still be a cash equivalents?

Does a time deposit with automatic renewal after 3 mos maturity can be classify as cash and cash equivalents?

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