This Is Defined as the Excess Amounts of a Current

question 109

Multiple Choice

This is defined as the excess amounts of a current asset kept on hand to meet unexpected shocks in demand.

• A) liquid current assets
• B) safety stock
• C) overnight securities
• D) float

---

Definitions:

Takeover

The transfer of control over a company from one group to another. The term generally has a hostile implication.

Merger

The combining of two or more companies into one, with the goal of achieving synergies such as increased efficiency or market share.

Acquisition

The process of acquiring control of another company by purchase or exchange of stock.

Combining Firms

The process of two or more companies joining together to form a single business entity, often to achieve strategic objectives or enhance market share.