A Flexible Short-Term Financial Policy

A flexible short-term financial policy

A) is associated with firms where the carrying costs are considered to be less than the shortage costs.
B) applies mostly to firms that factor their accounts receivable.
C) applies only to firms that strictly limit their credit sales.
D) tends to decrease the amount of current assets held by a firm.
E) is designed to utilize short-term external financing to fund seasonal increases in current assets.