Solved

A Primary Purpose of Restricting the Investment of Idle Cash

Question 10

Multiple Choice

A primary purpose of restricting the investment of idle cash balances to money market instruments is to:


A) obtain government guarantees on the investment.
B) minimize transaction costs.
C) carry a minimal amount of interest-rate risk.
D) have a continual market for selling the investment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions