A company that has an unpredictable cash flow, and is holding cash because of things that might
happen due to this uncertainty, is holding a larger minimum cash balance due to which type of
motive?
A) common sense B) precautionary C) transaction D) speculative
B
You might also like to view...
If there has been an impairment to goodwill, a disclosure describing the following is necessary:
A. the facts and circumstances leading to the impairment. B. the company's failure to realize expected cost-saving synergies. C. the parents tests conducted on preexisting goodwill before the goodwill is recorded as part of the acquisition. D. the theoretical justification for consolidated financial statements.
Exaggerating on your résumé ________
A) is acceptable to a given level B) is often overlooked if the information is trivial C) is acceptable if the information pertains to your previous job but not current job D) can't hurt you after you have been given the job E) can be perceived as lying by potential employers