Liberal credit terms for customers is associated with a restrictive short-term financial policy.

Name: Liberal credit terms for customers is associated with a restrictive short-term financial policy.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

Liberal credit terms for customers are associated with a flexible short-term financial policy, as it involves extending more generous terms for payment, such as longer periods before payment is due, which is opposite to a restrictive policy that aims to minimize investment in current assets.

Liberal Credit Terms for Customers Is Associated with a Restrictive