When a Firm Has Excessive Cash, Managers May Make Use

question 45

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

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Definitions:

Gender

The socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.

First-Wave Feminism

The earliest phase of feminism, focusing primarily on legal issues, particularly women's suffrage (the right to vote) during the late 19th and early 20th centuries.

Women's Suffrage

The right of women to vote in elections, a pivotal aspect of gender equality, historically achieved through extensive activism and reform.

Second-Wave Feminist Movement

A period of feminist activity during the 1960s-1980s that focused on issues of equality and discrimination, including workplace, family, sexuality, and reproductive rights.