Question Completion Status: QUESTION 11 Precautionary motive is the amount of cash held by individuals or corporations for wages, salaries, purchase of raw materials or other business activities. O True False QUESTION 12 The concept of hedging is a basic strategy that involves taking exactly the same positions in any related market in order to reduce risk and minimize potential losses. True False QUESTION 13 Speculative motive is a strategy used by businesses to hold cash In order to be polsed to take advantage of any investment opportunity requiring a cash expenditure that might arise. True