In managing cash and marketable securities, what should be the manager's primary concern?
A) maximization of profit
B) maximization of liquid assets
C) acceptable return on investment
D) liquidity and safety

Question

Quizplus · Accepted Answer

The primary concern for managing cash and marketable securities is liquidity and safety. This means having enough cash available to cover immediate needs while also ensuring that the assets are secure from potential losses. Maximization of profit and acceptable return on investment may be secondary concerns, but the priority should always be given to maintaining liquidity and safety.

In Managing Cash and Marketable Securities, What Should Be the Manager's