What Sort of Bad Decisions Do Excessive Cash Balances Lead

What sort of bad decisions do excessive cash balances lead managers to make?

A) Managers may embezzle excess cash balances.
B) Managers may lose sight of cost containment and spend cash on unrelated businesses.
C) Managers may invest excessive cash balances so that the liquidity of those funds is lost.
D) Managers may contend that the excessive cash balances are actually profits that they created.

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