Which of the following statements regarding financial flexibility is true?
A) It is the ability of a company to provide a return on investment.
B) It is the ability of a company to take effective actions to insure the return of capital to the company.
C) It is the ability of a company to take adapt changes in the amounts and timing of cash flows.
D) It is the ability of a company to maintain a given level of operations.

Question

Quizplus · Accepted Answer

Financial flexibility refers to a company's ability to adapt to changes in the amounts and timing of cash flows, allowing it to seize opportunities or weather financial difficulties without significant strain.

Which of the Following Statements Regarding Financial Flexibility Is True