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What is a financial reserve

What is a financial reserve
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What is a financial reserve

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User Bobighorus
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Answer:

Any amount of money that is kept purely for the purpose of having cash on the hand in the event of unexpected changes.

answered
User Charan
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4 votes

Answer:

A financial reserve is any amount of money that is kept purely for the purpose of having cash on hand in the event of unexpected changes

Step-by-step explanation:

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User Celita
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