Which of the following are associated with a restrictive short-term ﬁnancial policy? I.Large investments in marketable securities.
II)Liberal credit terms for customers.
III)Minimal cash balances.
IV)Minimal credit sales.
A)I and III only.
B)I and IV only.
C)II and IV only.
D)III and IV only.
E)I, II and III only.

Question

Quizplus · Accepted Answer

A restrictive short-term financial policy involves maintaining minimal cash balances and minimal credit sales to reduce costs and improve liquidity.

Which of the Following Are Associated with a Restrictive Short-Term