In an ideal world, all of your bills would come due on exactly the same day you get paid. If this were true, then the level of cash you would need to hold to meet your ___________ needs would be relatively low during the month.

Question

Quizplus · Accepted Answer

Transactions needs refer to the immediate cash required for day-to-day expenses, including paying bills. If bills align with payday, less cash is needed on hand throughout the month.

In an Ideal World, All of Your Bills Would Come