The Amount of Cash a Firm Holds to Counter the Uncertainty

question 9

Multiple Choice

The amount of cash a firm holds to counter the uncertainty surrounding its future cash needs is known as a(n) :

• A)speculative balance.
• B)compensating balance.
• C)operating balance.
• D)precautionary balance.

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Definitions:

Giddy

Experiencing a sensation of dizziness or lightheadedness, often accompanied by feelings of excitement or elation.

Light-Headed

Feeling dizzy or faint, often due to a decrease in blood pressure or dehydration.

Type Of Amphetamine

A classification or kind of stimulant drug that is used both recreationally and as medication for conditions such as ADHD.

Smoked

Exposed to smoke or treated with smoke, a process often used for preserving or flavoring food.