A Restrictive Short-Term fiNancial Policy Tends To

question 32

Multiple Choice

A restrictive short-term financial policy tends to:

• A)reduce future sales more so than a flexible policy.
• B)grant credit to more customers.
• C)incur more carrying costs than a flexible policy does.
• D)encourage credit sales over cash sales.
• E)reduce order costs as compared to a more flexible policy.

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Definitions:

School Performances

The academic achievements or output of students in educational institutions, often measured by grades or test scores.

Test Bias

The presence of certain factors within a test that systematically prevent accurate, impartial measurement across different groups of test-takers.

Overall Test Performance

A composite measure reflecting an individual's total achievement or output across a series of tests or assessments.

Correlates Highly

Describes a situation where two variables are observed to have a strong relationship or association with each other.