Question content area top Part 1 How does FASB define cash? equivalents? Provide the Codification reference. Question content area bottom Part 1 How does FASB define cash? equivalents? A. Cash equialents are on the asset side of a? company's balance sheet that represents the? company's investments, including? stocks, bonds, real estate and? cash, that it intends to hold for more than a year. B. Cash equivalents are? long-term, highly liquid investments that have one of the following? characteristics: (a) readily convertible to known amounts of cash and? (b) so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. C. Cash equivalents are? short-term, highly liquid investments that have both of the following? characteristics: (a) readily convertible to known amounts of cash and? (b) so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. D. Cash equivalents are? short-term, highly liquid investments that do not have either of the following? characteristics: (a) readily convertible to known amounts of cash and? (b) so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.