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A Restrictive Short-Term Financial Policy Is Most Associated with Both

Question 25

Multiple Choice

A restrictive short-term financial policy is most associated with both


A) liberal credit terms and large investments in marketable securities.
B) minimal cash balances and large investments in marketable securities.
C) large investments in inventory and accounts receivable.
D) minimal cash balances and credit sales.
E) high credit sales and high cash balances.

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