The Snow Hut Has Analyzed the Carrying and Shortage Costs

question 15

Multiple Choice

The Snow Hut has analyzed the carrying and shortage costs associated with its cash holdings and determined that the firm should ideally maintain a cash balance of $3,600.This $3,600 represents which one of the following to the firm?

• A)target cash balance
• B)concentration balance
• C)available balance
• D)selected cash amount
• E)compensating balance

---

Definitions:

Resolution

The clearness or sharpness of an image, which is controlled by the number of pixels displayed on the screen.

Digital

Pertaining to data represented or stored in a binary format for processing by electronic devices.

Analog

Waves that illustrate the loudness of a sound or the brightness of the colors in an image at a given moment in time.

CCD

Stands for Charge-Coupled Device, a type of image sensor used in digital cameras and other imaging devices to capture light and convert it into digital data.