Because Having Idle Cash on Hand Is Undesirable,a Manager May

question 31

Multiple Choice

Because having idle cash on hand is undesirable,a manager may choose to invest in

• A) credit cards.
• B) debit cards.
• C) working capital.
• D) marketable securities.
• E) capital outlay.

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Definitions:

Values

The principles or standards of behavior considered important in life or society.

Minimal Standard

A baseline level of quality or performance required to meet regulatory compliance or satisfy basic operational criteria.

WPH Framework

A decision-making framework used in business ethics, focusing on who (W) will be affected, the purpose (P) of the decision, and how (H) to make ethical decisions.

Public Disclosure

The act of making information or data openly accessible and available to the general public.