Money that your company has in the bank in case of unexpected financial needs or in case sales slow down is called ____________.
a. An asset fund
b. A cash reserve
c. Equity
d. Insurance
A cash reserve is a money that your company has in the bank in case of unexpected financial needs or in case the sales slow down. This money will help the company sustain all the needed expenses during the time that the COmpany is going through a financial issue.
