Which of the Following Is the Best Definition of Transaction

question 40

Multiple Choice

Which of the following is the best definition of transaction motive?

• A) The costs associated with holding too little cash.
• B) An automated teller machine card used at the point of purchase to avoid the use of cash. As this is not a credit card, money must be available in the user's bank account.
• C) A chequing account in which a zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover cheques presented.
• D) The need to hold cash to satisfy normal disbursement and collection activities associated with a firm's ongoing operations.
• E) A firm's desired cash level as determined by the trade-off between carrying costs and shortage costs.

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Definitions:

Systemic Herbicides

Chemical substances used to kill unwanted plants, absorbed through the roots or foliage and transported throughout the plant to inhibit growth.

Contact Herbicides

Herbicides that kill plants upon direct contact, typically by disrupting cell membranes or other physiological functions, without being absorbed systemically.

Atrazine

A herbicide widely used to control broadleaf and grassy weeds in crops like corn and sugarcane.