A Primary Purpose of Restricting the Investment of Idle Cash

question 22

Multiple Choice

A primary purpose of restricting the investment of idle cash balances to money market instruments is to:

• A)Obtain government guarantees on the investment
• B)Minimize transaction costs
• C)Carry a minimal amount of interest-rate risk
• D)Have a continual market for selling the investment

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Definitions:

Gender Differences

Variations in characteristics, roles, behaviors, or expressions typically associated with being male or female.

Boys

Male children and adolescents, typically characterized by their biological differences from females in the early stages of human development.

Girls

Female children and adolescents before the onset of adulthood.

Indiscriminate

Lacking in selectivity, judgment, or discernment; not making or showing careful distinctions or choices.