Accounting for IGCSE & O level - Advanced Principles (Section 2 - No. 39)
What is a potential downside of holding excessive cash?
It can be invested to generate a return.
It increases the company's credit rating.
It may not be used efficiently, which decreases profitability.
It simplifies the payment of bills.
คำอธิบาย
Excessive cash may not be used efficiently.