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:

Conflicts

Disagreements or disputes between individuals or groups, often arising from differing opinions, goals, or values.

Cleanliness

The state or quality of being clean and free from dirt, impurities, or contaminants.

Communication Styles

The varied ways in which individuals express themselves and interact with others, often influenced by cultural, personal, and situational factors.

Culturally Ignorant

Lacking understanding, knowledge, or awareness of other cultures and their customs, beliefs, and practices.