Which of the Following Is NOT a Reason for Holding

question 16

Multiple Choice

Which of the following is NOT a reason for holding cash?

• A) Transaction facilitation
• B) Compensating balances
• C) Investment opportunities
• D) Transaction opportunities

---

Definitions:

Fossils

The preserved remains, impressions, or traces of once-living organisms from a past geological age, embedded and preserved in sedimentary rocks.

Marine Layers

Strata of moist ocean air that is cooled below its dew point temperature and thus forms a layer of clouds at the surface or near the surface of a large body of water.

Sand Dunes

Hills or ridges of sand piled up by the wind in desert regions or near bodies of water.

Transgression

A geologic event where the sea advances over land areas, covering them with sediment layers due to rising sea levels.