The need to hold cash to satisfy the ongoing disbursement and collection activities of the firm as part of its daily operations is called the:
A) Speculative motive.
B) Precautionary motive.
C) Transaction motive.
D) Float motive.
E) Compensating balances motive.
Correct Answer:
Verified
Q343: Provide a definition for speculative motive.
Q344: Provide a definition for adjustment costs.
Q345: It would seem that float management for
Q346: Which one of the following statements is
Q346: Provide a definition for precautionary motive.
Q349: The need to hold cash as a
Q350: Which of the following correctly describes average
Q351: Provide a definition for transaction motive.
Q352: Describe the various sources of float discussed
Q353: A negative net float indicates that:
A) Your
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents