What Is a Transactions Balance

question 8

Multiple Choice

What is a transactions balance?

• A) the cash a firm holds to counter the uncertainty surrounding its future cash needs
• B) the cash a firm places into short-term investments
• C) the cash a firm holds in order to pay its bills
• D) the cash a firm holds to gain tax advantages

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Definitions:

Indefinitely

For an unspecified or unlimited period of time.

15 to 20 Years

A time frame often referenced in contexts such as long-term investments, mortgage terms, or the expected lifespan of durable goods.

Disclosure Statement

A document that outlines important information about a business or financial transaction, often required by law to ensure transparency.

Information About Franchisees

Data or details related to individuals or entities that have obtained the right to sell a franchisor's goods or services within a specified area.