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 refers to the cash needed for day-to-day expenses such as bills. If all bills were due on the same day as pay, then the amount of cash needed for transactions would be relatively low throughout the month.

In an Ideal World, All of Your Bills Would Come