Minimal cash balances is associated with a restrictive short-term ﬁnancial policy.

Name: Minimal cash balances is associated with a restrictive short-term ﬁnancial policy.
Brand: Quizplus
Rating: 4.7 (61 reviews)

Question

Quizplus · Accepted Answer

Minimal cash balances indicate that the company is holding onto only the required amount of cash to meet immediate needs, which suggests a more conservative short-term financial policy. A company with a more restrictive short-term financial policy may hold even less cash or have stricter guidelines for accessing cash reserves.

Minimal Cash Balances Is Associated with a Restrictive Short-Term ﬁNancial