Which of the Following Is Not a Valid Reason for Holding

question 12

Multiple Choice

Which of the following is not a valid reason for holding cash?

• A) To meet transaction requirements.
• B) To earn the highest return possible.
• C) To satisfy emergency needs for funds.
• D) To provide a compensating balance for a bank.

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Definitions:

Network Operating Systems

Software that controls the operations of a network, enabling computers within the network to communicate and share resources.

Evaluate

The process of assessing or examining the quality, importance, amount, or value of something.

Office Needs

Refers to the equipment, supplies, and software required for the effective functioning of an office environment.

Tutorial

A small program included in a software package designed to give users an overall picture of the product and its functions.