Examlex
Our views and beliefs about ourselves make up our
Target Cash Balance
The ideal amount of cash that a business aims to maintain to handle day-to-day operations and contingencies.
Transaction Needs
Describes the demand for money for the purpose of conducting daily transactions, such as purchasing goods and services.
Disbursement Float
The time lag between when a check is written and when it is actually deducted from the payer's account.
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Q123: Which of the following is NOT an