When formulating financial policy,managers also have to consider the appropriate balance between:
A)receivables and payables.
B)interim and final dividends.
C)short-term and medium-term finance.
D)short-term and long-term finance.

Question

Quizplus · Accepted Answer

Managers have to consider the appropriate balance between short-term and long-term finance when formulating financial policy. Short-term finance is necessary for meeting the working capital requirements of the business, while long-term finance is required for capital expenditure and expansion of the business. A balance between the two is important to ensure the financial stability and sustainability of the business.

When Formulating Financial Policy,managers Also Have to Consider the Appropriate