Multiple Choice
A cash balance held in reserve for unforeseen fluctuation in cash flows is called a balance.
A) transactions
B) compensating
C) precautionary
D) speculative
E) cash
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: If the forecasted sales or usage rate
Q36: Calculate the economic ordering quantity for Nashville
Q54: Ace Hardware's EOQ is 100 widgets,and it
Q85: East Lansing Appliances<br>East Lansing Appliances (ELA) expects
Q97: A firm's target cash balance should be
Q98: A minimum checking account balance that a
Q103: Which of the following statements is correct?<br>A)A
Q104: The four major elements in a firm's
Q124: Firms hold cash balances in order to
Q166: Inventory management focuses on three basic questions: