All of the Following Are Reasons Companies Purchase Temporary Investments

question 40

Multiple Choice

All of the following are reasons companies purchase temporary investments except:

• A)to earn a return on excess cash.
• B)to have investments that can be quickly converted into cash.
• C)to exercise control over another company.
• D)to minimize its cash balance.

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Definitions:

RNA World

A hypothetical early stage in the evolution of life, where RNA served as both genetic information and as a catalyst for chemical reactions.

Enzymes

Biological catalysts that speed up chemical reactions in living organisms without being consumed in the process.

Spontaneous Generation

Spontaneous Generation is the disproved theory that living organisms could arise from nonliving matter, a belief held before the advent of modern biology.

Sterile Broth

A nutrient-rich liquid media that has been treated to eliminate all forms of life, used for growing microorganisms in a lab.