Solved

A Company That Has an Unpredictable Cash Flow,and Is Holding

Question 55

Multiple Choice

A company that has an unpredictable cash flow,and is holding cash because of things that might happen due to this uncertainty,is holding a larger minimum cash balance due to which type of motive?


A) transaction
B) precautionary
C) speculative
D) common sense

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions