Which of These Is Defined as the Excess Amounts of a Current

question 130

Multiple Choice

Which of these 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

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Definitions:

Project Life Cycle

The series of phases that a project goes through from its initiation to its closure.

Variable Costs

Expenses that vary directly with the level of production or output, such as materials and labor costs.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Never-ending Process

A continuous, unending cycle or series of activities, often related to improvement, innovation, or development within a business context.