Which One of the Following Represents a Primary Advantage of Keeping

question 362

Multiple Choice

Which one of the following represents a primary advantage of keeping cash on hand based upon the speculative motive?

• A) The cash saved for this purpose earns a relatively high rate of interest.
• B) If a good opportunity suddenly arises the firm can move quickly to benefit from that opportunity.
• C) The financial manager does not always have to scramble to borrow funds to meet the daily cash needs of the business.
• D) Whenever a machine breaks the company has the funds available to replace it.
• E) These funds are generally used as the compensation balance for a line of credit and thus serve a dual purpose.

Grasp the complexities of biogeochemical cycles, including carbon and nitrogen cycles, and the human impact on these cycles.

Understand the different types of ecosystem services (provisioning, regulating, supporting, and cultural).

Recognize the importance and limitations of each ecosystem cycle (e.g., nitrogen, phosphorus, sulfur).

Identify human impacts on ecosystems and the trade-offs associated with ecosystem service alterations.

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Definitions:

Adjusting Entry

An accounting entry made in the journals at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Common Stock

A type of equity security that represents ownership in a corporation, with rights to share in its profits through dividends and capital appreciation.

Sold Shares

Refers to the act of transferring ownership in a corporation's stock from one party to another in exchange for money or other compensation.

Dividend

A portion of a company's earnings that is distributed to shareholders as a return on their investment.