Asked by

Utari Natania
on Nov 18, 2024

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Which of the following is not a reason to invest excess cash in temporary investments?

A) earn interest revenue
B) influence the operations of another company
C) receive dividends
D) realize gains from the increase in market value of the securities

Temporary Investments

Investments in stocks, bonds, or other securities that a company intends to sell within a short period, typically one year.

Excess Cash

The amount of cash a company possesses that exceeds the minimum level needed to maintain its operations and investment plans.

  • Discern between transient and enduring investment tactics and the respective accounting procedures they entail.
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Chris HogartyNov 21, 2024
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