Which of the following is not a primary reason why many people hold cash?
A)
To undertake transactions
B)
To avoid credit
C)
To have an emergency reserve
D)
To have a store of value
B
Business
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Preparing balance sheets, income statements, and other statements and reports is an example of __________.
Fill in the blank(s) with the appropriate word(s).
Business
An important financial institution that assists in the initial sale of securities in the primary market is the
A) investment bank. B) commercial bank. C) stock exchange. D) brokerage house.
Business