Which of the following current asset financing policies/approaches asserts that all of a firm's fixed assets, all of its permanent current assets, and some of its temporary current assets should be financed with long-term capital?

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The conservative approach asserts that all of a firm's fixed assets, all of its permanent current assets, and some of its temporary current assets should be financed with long-term capital. This approach prioritizes financial stability and security, with a focus on avoiding excessive debt and ensuring adequate liquidity.

Which of the Following Current Asset Financing Policies/approaches Asserts That