saifulcrc5635 saifulcrc5635
  • 01-12-2021
  • Business
contestada

The cash used to make change when customers pay for their purchases in cash is an example of the _____ motive for holding cash.

Respuesta :

topeadeniran2 topeadeniran2
  • 08-12-2021

It should be noted that the cash that's used to make purchases as illustrated is the transactionary motive of holding money.

A financial transaction simply means an agreement that takes place between the buyer and the seller. It is the exchange of goods or services.

The transactionary motive of holding money simply means holding money in order to meet daily financial needs such as buying goods.

Read more about cash on:

https://brainly.com/question/25772299

Answer Link

Otras preguntas

What is any number to the zero power always equal?
Why is DNA called the blueprint of life?
What are two peninsulas found in Mexico?
What is the weather like in Cancun in June?
what is the capital of Mexico? a. Quito b. Panama City c. Guatemala City d. Mexico City
Why do more than 90 percent of people in China live in the eastern third of the country?
Use synthetic division to solve (x^4 – 1) ÷ (x – 1). What is the quotient?
louis wants to carpet the rectangular floor of his basement. The basement has an area of 864 square feet. The width of the basement is 2/3 its length. What is t
How would you work out this equation? 4x+3y=-23 -2x-3y=25
The radius of a cylinder is 15 cm, and its volume, found using 3.14 to approximate pi, is 19,782 cm3. What is the height of the cylinder? ______cm