When a Firm Has Excessive Cash, Managers May Make Use

question 88

Multiple Choice

When a firm has excessive cash, managers may make use of the funds in an inefficient manner. This is also referred to as the ________ cost of retaining cash.

• A) fixed
• B) agency
• C) interest
• D) special

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Definitions:

All Classes

Refers to all the social groups or strata within a society, encompassing a broad spectrum of socioeconomic positions from the wealthiest to the poorest.

Countercultures

Social groups that reject mainstream cultural norms and values, often advocating for alternative lifestyles and social reforms.

Social Structure

The organized pattern of social relationships and institutions that together constitute society, shaping individuals' roles and interactions.

Serious Threat

A significant potential harm or danger that can have adverse effects on individuals, groups, or communities.