Since this year online sales has increase 20% advertisers plan to allocate a greater part of there marketing budget to media promotion

For an investment to qualify as a cash equivalent, it must be readily convertible to a known amount of cash and

A. it must be identified as a cash equivalent on the income statement. B. must be sufficiently close to its maturity date so that its market value is relatively insensitive to interest rate changes. C. the investment must have a known foreign exchange rate. D. it must mature within 4 months.

A court action is necessary for a power of sale foreclosure to be considered valid

Indicate whether the statement is true or false