Deposit Account Question:

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What are the things which are included in cash and cash equivalent?

Deposit Account Interview Question
Deposit Account Interview Question

Answer:

Cash and cash equivalents may include but are not limited to:
☛ Currency
☛ Checks received but not yet deposited
☛ Checking accounts
☛ Petty cash
☛ Savings accounts
☛ Money market accounts
☛ Short-term, highly liquid investments with a maturity of three months
☛ Less at the time of purchase.

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Please tell me what is cash and cash equivalent?Do you know what does direct deposit cost?