Flexible short-term ﬁnancial policies tend to:
A)maintain low trade receivables balances.
B)support few investments in marketable securities.
C)minimize the investment in inventory.
D)maintain large cash balances.
E)tightly restrict credit sales.

Question

Quizplus · Accepted Answer

Flexible short-term financial policies often involve maintaining large cash balances to ensure liquidity and the ability to respond to unexpected opportunities or needs.

Flexible Short-Term ﬁNancial Policies Tend To