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Miller- Orr Model is suitable in those circumstances when the

This question belongs to Commerce Financial Management
Financial Management
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Miller- Orr Model is suitable in those circumstances when the ________.

Answer & Solution
Correct Answer: Option D
The Miller-Orr model of cash management is developed for businesses with uncertain cash inflows and outflows. This approach allows lower and upper limits of cash balance to be set and determine the return point (target cash balance).
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1 Comment
Raouf Luck
Raouf Luck 6 years ago
Option D is correct
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