Absorption Costing Definition:

Cash equivalents are short-term, highly liquid investments such as treasury bills, commercial paper, and money market funds that are made solely for the purpose of generating a return on funds that are temporarily idle.

Other Related Accounting Articles:

• Unrestricted Cash
• Equity Income Fund
• Open Market Rate
• Impact of Just In Time (JIT) Inventory Methods on Variable and Absorption Costing System
• Market Segmentation Theory
• Fixed Rate Bond
• Net Short
• Full Costing Definition
• Qualifying Investment
• Target Return