Examlex
Which of the following statements about globalization and entrepreneurship is correct?
Collection Float
The time period between when a payment is initiated by a payer and when the funds are available in the payee’s account.
Opportunity Costs
The benefit that is missed or foregone when choosing one alternative over another.
Trading Costs
Expenses associated with buying and selling securities, including broker commissions and spreads.
Speculative Motive
This motive describes the intention to hold cash for the purpose of taking advantage of opportunities that may arise, such as purchasing assets expected to increase in value.
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