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Cash consists of: a. coin, currency, and postage stamps. b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. c. coins, currency, postage stamps, money on deposit in a bank. d. all of the above.

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User Pyll
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1 Answer

2 votes

Answer:

b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository.

Step-by-step explanation:

Cash consists of coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. Cash is distinct from postage stamps, credit, money orders or checks that are not physically being held by the holder.

Cash can be defined as a legal tender such as money in its physical form which can typically be used to purchase goods and services, as well as pay debt.

answered
User Mark Hillick
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