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Ignoring the risk of theft, cash balances cannot spoil, yet managers are concerned with carrying costs. Why? O a. embezzlement is a real risk in

Ignoring the risk of theft, cash balances cannot spoil, yet managers are concerned with carrying costs. Why? O a. embezzlement is a real risk in most firms O b. the federal government may devalue the currency O c. cash balances are idle and face an opportunity cost O d. higher balances require additional supervisors

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