Which of the following is the most important determinants of a firm's cash reserve requirements ?

CS Executive · Financial and Strategic Management · PYQS · December 2023
Which of the following is the most important determinants of a firm's cash reserve requirements ?
(A) Size of the firm
(B) Industry type
(C) Sales and profitability
(D) Seasonal fluctuations in sales

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Management

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