Examlex
Which of the following concepts is correctly matched with its definition
Marketability
The ease with which an asset or security can be sold or bought in the market without affecting its price.
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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