Ignoring the Risk of Theft, Cash Balances Cannot Spoil, Yet

question 106

Multiple Choice

Ignoring the risk of theft, cash balances cannot spoil, yet managers are concerned with carrying costs.Why?

• A)the federal government may devalue the currency
• B)higher balances require additional supervisors
• C)cash balances are idle and face an opportunity cost
• D)embezzlement is a real risk in most firms

Understand the contributions of positive psychology to the study of happiness and human flourishing.

Identify the various perspectives and approaches within psychology (e.g., evolutionary, behavior genetics, neuroscience).

Understand the biopsychosocial approach and its comprehensive view on influencing factors of behavior and mental processes.

Grasp how psychological research addresses issues of gender and individual differences.

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Definitions:

Tertiary

Relating to the third level or stage of something; in education, it refers to post-secondary education such as universities and colleges.

Normative Approach

An aspect of ethics that concerns the criteria of what is right or wrong, focusing on the moral standards that guide behavior within a society or organization.

Stakeholder Demands

The expectations or requirements that individuals or groups with an interest or stake in an organization seek to be fulfilled or addressed.

Stakeholder Demands

The needs or expectations that individuals or groups with an interest in an organization's activities have regarding the organization's performance or conduct.