The Amount of Cash a Firm Holds to Counter the Uncertainty

question 9

Multiple Choice

The amount of cash a firm holds to counter the uncertainty surrounding its future cash needs is known as a(n) :

• A)speculative balance.
• B)compensating balance.
• C)operating balance.
• D)precautionary balance.

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Definitions:

Family Recipe

A recipe that is passed down from generation to generation within a family.

Campaign Speeches

Public addresses or discourses given by politicians or candidates for office as part of their efforts to persuade voters to support them in an election.

Flyers Mailed

Marketing material sent through postal mail to target consumers in an attempt to advertise products or services.

Votes

Expressions of choice or preference made by individuals or groups in a decision-making process, typically within an electoral context.