CFA Practice Question

There are 120 practice questions for this study session.

CFA Practice Question

It is important for any firm to determine its appropriate target cash balance ______
A. because there is a trade-off between the benefit and cost of liquidity.
B. because of the fluctuation in interest rates on marketable securities.
C. since most firms follow flexible policies of working capital management.

User Contributed Comments 0

You need to log in first to add your comment.