Generally, the least important motive for holding liquid assets for a typical company is the

speculative motive.

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

Distributors' territorial rights define the terms under which the producer will enfranchise other distributors

Indicate whether the statement is true or false

Business

After the accounts are closed and the journal entries have been posted, which of the following accounts would not have a balance?

a. Capital; b. Accumulated Depreciation; c. Accounts Payable; d. Drawing; e. Supplies.

Business

The average wage of Tennessee cashiers is $14 per hour with a standard deviation of $4.20. In Georgia, the average wage of cashiers is $16 with a standard deviation of $4.40. In which state do the wages of cashiers appear to be more dispersed?

What will be an ideal response?

Business

The salesperson says, "Would you be willing to accept a limited 2-year warranty that only covers parts and not labor?" This is likely to be a ________ close.

A. technology B. negotiation C. continuous-yes D. T-account E. summary-of-benefits

Business