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When a bank requires a customer to leave a minimum balance on deposit, it is called a _______ cash balance. A. precautionary B. compensating C. transaction D. speculative
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When a bank requires a customer to leave a minimum balance on deposit, it is called a _______ cash balance.

A. precautionary
B. compensating
C. transaction
D. speculative

User Drewmm
by
6.2k points

2 Answers

7 votes

It should be A. because the bank wants their customers to be cautious about depositing money.

User Dorean
by
5.6k points
2 votes

a because it means in order to avoid anything about it

User MarcH
by
5.9k points
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