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Recent research shows that the use of online job evaluation by independent managers is more reliable than traditional job evaluation committees.
Precautionary Motive
The need to hold cash as a safety margin to act as a financial reserve.
Liquidity
The ease with which an asset can be converted into cash without affecting its market price.
Planned Expenditures
Forecasted spending for specific purposes within a certain time frame, often categorized into operating or capital expenditures.
Cash Surpluses
Occurs when a company has more cash inflow than outflow, leading to excess liquidity.
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