Ask Experts Questions for FREE Help !
Ask
    chicklet1314's Avatar
    chicklet1314 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    May 1, 2010, 12:43 PM
    Which of the following is not a valid reason for holding cash?
    Which of the following is not a valid reason for holding cash?
    A. to earn the highest return possible
    B. to satisfy emergency needs for funds
    C. to meet transaction requirements
    D. to provide a compensating balance for a bank
    chicklet1314's Avatar
    chicklet1314 Posts: 3, Reputation: 1
    New Member
    		  
    #2

    May 1, 2010, 12:59 PM

    I believe the answer is A: to earn the highest return possible
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #3

    May 2, 2010, 05:33 PM

    I'd say you were right, since holding cash isn't going to get you much of a return. :-)
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is old valid b1/b2 still valid travel doc if new h4 is stamped? [ 3 Answers ]

Hi, I am an Indian citizen currently in the US on h4 visa valid until 1st Oct 2009. My husband is currently on an h1b. I also have a stamp of b1/b2 valid till 2013 (the stamp has not been cancelled or striked out) on my older passport. (both the visa's were stamped on my older passport, since...

What is a valid medical reason for breaking a lease. I have Parkinson's disease [ 1 Answers ]

I just moved to Florida, was diagnosed with P.D. Doctor thinks I am under too much stress making the disease worse. Could he write a letter to that effect, and could I break the lease to go back home where my neurologist, specialists are. Ed Holland

Valid reason to break apt lease [ 3 Answers ]

Would moving to a house a valid reason to break an apt lease

Is this a valid reason to be given a restraining order? [ 10 Answers ]

I'm 22 and my 3 yr relationship ended on February 25 of this year after I got into a pointless fight with my ex at my best friends house and led her out the door and slammed it in her face. We were off and on the whole three years, but to me the relationship was mostly positive and I still love and...

How to do you.S. Tax filling, I am holding H1, my wife and son are holding H4 [ 3 Answers ]

Hi, I am holding H-1B, my wife and son are holding H4. I was here in US for 2 times in 2006, June 7 days and December 14 days, my wife and son came here in December and stayed with me till last week of Jan'07. I want to file my returns for 2006. I am still working here on h-1B. My family will...

View more questions Search