In Managing Cash and Marketable Securities, What Should Be the Manager's

question 83

Multiple Choice

In managing cash and marketable securities, what should be the manager's primary concern?

• A) Maximization of profit
• B) Maximization of liquid assets
• C) Acceptable return on investment
• D) Liquidity and safety

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Definitions:

Wage Increase

An upward adjustment in the salary or earnings paid to an employee.

Utility Maximizing

Acting in a way to achieve the highest level of satisfaction possible with available resources.

Demand For Labor

The total amount of labor that employers want to hire at various wage rates, contingent on factors such as technology, the price of the goods being produced, and the availability of other inputs.

Reduced Wage

A wage that is decreased from a previous level, often due to economic pressures or changes in job responsibilities.