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Cost-Benefit Is Not a Consideration in Development of a Cash

question 22

True/False

Cost-benefit is not a consideration in development of a cash management system, only safety and liquidity.


Definitions:

Effect Dependence

The extent to which outcomes in interpersonal or organizational settings depend on the actions of others.

Psychological Contract

An unwritten agreement that reflects mutual expectations and obligations between an employee and employer beyond the formal contract of employment.

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors required to function within a society or specific group.

Excess Burden

The cost to society created by market inefficiency, often associated with government interventions like taxes or subsidies, which distort market allocations of resources.

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