Question
The need to hold cash to take advantage of additional investment opportunities is called the: A. Speculative motive. B. Precautionary motive. C. Transaction motive. D.
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The need to hold cash to take advantage of additional investment opportunities is called the:
A. Speculative motive.
B. Precautionary motive.
C. Transaction motive.
D. Float motive.
E. Compensating balance motive.
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
