Managers want a very large cash balance possible at all times.

Name: Managers want a very large cash balance possible at all times.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

While managers do want to have sufficient cash to operate and meet expenses, it is not desirable to have a very large cash balance at all times. This is because holding excess cash can be costly as it earns little to no returns and may be better invested in other areas of the business.

Managers Want a Very Large Cash Balance Possible at All