Which of the following is not a good reason for holdingcash rather than marketab

Which of the following is not a good reason for holdingcash rather than marketable securities? Cash is held:a.to meet daily business transactionneeds.b.to provide the CEO with a travelslush fund.c.when yields on marketablesecurities are so low that brokerage costs would nearly eat up theentire yield.d.to make the balance sheet lookgood.