Which of the Following Is Not a Reason for Firms

question 39

Multiple Choice

Which of the following is not a reason for firms to own marketable securities?

• A)Marketable securities serve as a substitute for cash balances.
• B)Marketable securities offer a place to temporarily put cash balance to work earning a positive return.
• C)Marketable securities are used as a temporary investment to finance seasonal or cyclical operations.
• D)Marketable securities are used as a temporary investment to amass funds to meet financial requirements in the near future.
• E)Marketable securities are more liquid than cash balances.

---

Definitions:

Corpus Callosum

A large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.

Cerebral Hemispheres

The cerebral hemispheres are the two halves of the brain that are divided by the longitudinal fissure, responsible for controlling different functions, with the left hemisphere typically managing speech and comprehension, and the right hemisphere focusing on creativity and spatial ability.

Split-Brain

A condition resulting from the severing of the corpus callosum, leading to a situation where the two hemispheres of the brain cannot communicate directly with each other.

Consciousness

The quality or state of being aware of an external object or something within oneself.