FIN220 Q25

QUESTION 25 In regards to cash management it is believed that: It is important to hold cash to meet day to day cash transaction needs One of the costs of holding cash is the loss of possible investment opportunities Holding cash is useful in case of unexpected emergencies All of the above are true QUESTION 25 In regards to cash management it is believed that: It is important to hold cash to meet day to day cash transaction needs One of the costs of holding cash is the loss of possible investment opportunities Holding cash is useful in case of unexpected emergencies All of the above are true