When a Firm Has Excessive Cash,managers May Make Use of the Funds

question 79

Multiple Choice

When a firm has excessive cash,managers may make use of the funds in an inefficient manner.This is also referred to as the ________ cost of retaining cash.

• A)fixed
• B)agency
• C)interest
• D)special
• E)hidden

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Definitions:

Hyperalgesia

An increased sensitivity to a painful event.

Analgesia

A reduced sensitivity to painful events.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Conditioned Stimulus Preexposure Effect

A phenomenon where exposure to the conditioned stimulus prior to pairing it with the unconditioned stimulus decreases the effectiveness of conditioning.