Multiple Choice
Which of the following is NOT an example of a precautionary money balance?
A) currency in a cash register at a department store
B) an extra $20 bill in the purse of a college student going on her first blind date
C) a $100 traveler's check, folded and placed behind your driver's license in your wallet
D) funds deposited in a separate bank account because you may need to replace an aging furnace
E) an extra $100 in cash withdrawn from your savings account before you take a trip to visit a sick aunt, just in case you find a garage sale along the way
Correct Answer:
Verified
Correct Answer:
Verified
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