The need to hold cash as a safety margin to act as a financial reserve is called the:
A) Speculative motive.
B) Precautionary motive.
C) Transaction motive.
D) Float motive.
E) Compensating balances motive.
Correct Answer:
Verified
Q343: It would seem that float management for
Q344: The firm's desired cash level as determined
Q344: The firm's desired cash level as determined
Q345: The immediate use, or same day value,
Q346: Which one of the following statements is
Q347: Provide a definition for target cash balance.
Q349: Provide a definition for speculative motive.
Q350: Collection float in general has decreased over
Q352: Provide a definition for transaction motive.
Q353: Describe the various sources of float discussed
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