Financial Managers Constantly Strive for a Balance Between Which of the Following

question 153

Multiple Choice

Financial managers constantly strive for a balance between which of the following?

• A) common and preferred shares
• B) economic responsibility and social responsibility
• C) cash and marketable securities
• D) the opportunity for profit and the potential for loss

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Definitions:

As-needed Basis

A method or arrangement where resources are utilized or tasks are performed as and when required, rather than on a scheduled or continuous basis.

Cash Management

The process of collecting, managing, and investing a company’s cash and cash equivalents.

Appropriate Level

A suitable or optimal degree or magnitude for a particular situation or parameter, often used in finance and operations.

Cash On Hand

Funds that a company or individual has available in cash form, not invested or deposited in financial institutions.