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Which of the following is the best definition of the precautionary motive The need to hold cash to satisfy stakeholder requirements. The need to hold

Which of the following is the best definition of the precautionary motive

The need to hold cash to satisfy stakeholder requirements.

The need to hold cash to take advantage of additional investment opportunities, such as bargain purchases.

The need to hold cash for governmental requirements.

The need to hold cash as a safety margin to act as a financial reserve.

The need to hold cash to satisfy normal disbursement and collection activities associated with a firms ongoing operations.

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