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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 2 · Set 2 · Q27

Short-term highly liquid investments qualify as cash equivalents if they are realisable into known amounts of cash from the date of acquisition…

Short-term highly liquid investments qualify as cash equivalents if they are realisable into known amounts of cash from the date of acquisition within a period of :
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.