Looking for the answer to the question below related to Financial Management?

The transaction motive for holding cash is for

 Options:

A. A safety cushion
B. Daily operating requirements
C. Compensating Balance requirements
D. None of the above

 

The Correct Answer Is:

  • B. Daily operating requirements

 

Conclusion

I hope you got the answer to your question.

Leave a Reply

Your email address will not be published. Required fields are marked *