Uses for a cash reserve include ________.
A) Planned leasehold improvements
B) Taking advantage of unforeseen opportunities
C) Routine expenses
D) Seed capital

Question

Quizplus · Accepted Answer

A cash reserve is mainly used for taking advantage of unforeseen opportunities. It is also used to cover emergency expenses, such as unexpected repairs or replacement of equipment. It is not typically used for routine expenses, which are part of a company's regular operating budget. Planned leasehold improvements and seed capital would typically be funded through a separate budget or investment strategy.

Uses for a Cash Reserve Include ________