Which of the Following Is Not a Valid Reason for Holding

question 12

Multiple Choice

Which of the following is not a valid reason for holding cash?

• A) To meet transaction requirements.
• B) To earn the highest return possible.
• C) To satisfy emergency needs for funds.
• D) To provide a compensating balance for a bank.

Recognize the components and infrastructure behind cloud services.

Understand the unique characteristics of services compared to tangible goods.

Recognize the importance and methods of making services more tangible to consumers.

Comprehend the challenges in evaluating and marketing services due to their intangible nature.

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Definitions:

Business Environment

The combination of external and internal factors that influence a company's operating situation, including economic, legal, and technological aspects.

Confidentiality

The obligation to safeguard and not disclose private information to unauthorized individuals.

Disclose Information

The act of making information known or public, especially information that was previously private or confidential.

Professional Duty

An obligation or responsibility that an individual in a professional role is expected to perform or uphold.