A ﬁrm which successfully employs a _____________ short-term ﬁnancial policy will probably decrease its risk of default and/or inventory stock-outs.

Question

Quizplus · Accepted Answer

A flexible short-term financial policy involves maintaining higher levels of current assets, such as cash and inventory, which can reduce the risk of default and inventory stock-outs by providing a buffer against unexpected demands or financial difficulties.

A ﬁRm Which Successfully Employs a _____________ Short-Term ﬁNancial Policy