Financial Solvency is a general term which relates to an organization's cash reserves and borrowing power

Question

Quizplus · Accepted Answer

Financial solvency refers to an organization's ability to meet its financial obligations in the long term, which includes having sufficient cash reserves and borrowing power. Therefore, a statement that financial solvency relates to an organization's cash reserves and borrowing power is true.

Financial Solvency Is a General Term Which Relates to an Organization's