WebbThe 2007–2008 financial crisis, or Global Financial Crisis (GFC), was a severe worldwide economic crisis that occurred in the early 21st century. It was the most serious financial crisis since the Great Depression (1929). Predatory lending targeting low-income homebuyers, excessive risk-taking by global financial institutions, and the bursting of the … Webbbudget. 4. Which is not a general reason for holding cash? Keeping up with inflation Preparing for cash emergencies Making a temporary investment Managing transaction needs 5. Which of the following budget categories is a fixed expense? Utilities Mortgage payment Transportation B Mortgage payment Entertainment 6.
Prince W. Moyo - Regional Account Executive - EcoCash Holdings
Webb7 dec. 2024 · Holding cash as preparation for future unforeseen events is a precautionary reason to hold cash. Transaction Motive. Running a business costs money. Bills and … WebbThere are four important motives to hold cash: 1. Transactions Motive. This motive refers to the holding of cash, to meet routine cash requirements in the ordinary course of business. A firm enters into a number of transactions which requires cash payment. For example, purchase of materials, payment of wages, salaries, taxes, interest etc. tiaa cref distribution form
Quiz & Worksheet - Reasons for Holding Cash Study.com
Webbsecurities, referring to its holding of cash and near cash investments. Investments in short-term government securities or commercial paper, which can be converted into cash quickly and with very low cost, are considered near-cash investments. We will begin by considering the motives for holding cash and the extent of such holdings at companies. Webb— One reason for holding cash is to bridge the interval between the receipt of income and its disbursement. The strength of this motive in inducing a decision to hold a given aggregate of cash will chiefly depend on the amount of income and the normal length of the interval between its receipt and its disbursement. WebbYou should always hold savings you need for emergencies in an easy access account. Those you’re holding for expected expenses in the next five years are better off in cash too. Some people will... tiaa cref donor advised fund