The ________ motive for holding cash is the need for a safety supply to act as a financial reserve against unexpected events.
A) Transactional
B) Precautionary
C) Speculative
D) Intuitive
Correct Answer:
Verified
Q61: Net float equals
A) disbursement float + collection
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Q63: The delay between when you receive payment
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Q65: The three motives for holding cash are:
A)
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Q71: What does a self-liquidating bank loan mean?
A)
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