________ refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business. a) Speculative motive b) Transaction motive c) Precautionary motive d) Compensating motive

________ refers to a firm holding some cash to meet its routine expens

1.	________ refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business. a) Speculative motive b) Transaction motive c) Precautionary motive d) Compensating motive
Answer» Transaction motive refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business.

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________ refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business. a) Speculative motive b) Transaction motive c) Precautionary motive d) Compensating motive

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