Financial flexibility is generally defined as
A)the ability of a company to adapt to unexpected needs and opportunities
B)the uncertainty or unpredictability of the future results of a company
C)a measure of overall company performance
D)a company's ability to maintain a given level of operations

Question

Quizplus · Accepted Answer

Financial flexibility refers to a company's ability to quickly adapt to unexpected needs and opportunities, such as changing market conditions, sudden cash flow changes, or unexpected investments. It is about being agile and having the ability to make strategic decisions and investments without risking the company's financial stability.

Financial Flexibility Is Generally Defined as