Which Two of the Following Are the Primary Reasons Why

question 24

Multiple Choice

Which two of the following are the primary reasons why firms temporarily accumulate large cash surpluses?
I.cyclical activities
II.desire to invest funds
III.daily operations
IV.fixed asset purchases

• A)I and III only
• B)II and IV only
• C)I and II only
• D)III and IV only
• E)I and IV only

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Definitions:

High Popularity

Being well-liked or admired by a large number of people.

Purchasing System

An organized method used by businesses to acquire goods and services, involving procedures for requisition, selection, and procurement.

Group Norms

Unwritten set of expectations for group members—what people ought to do; basic principle to follow in getting along with coworkers

Orientation Programs

Training sessions designed to familiarize new employees with the policies, procedures, and culture of an organization.