A Restrictive Short-Term fiNancial Policy Tends To

question 191

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.

---

Definitions:

MAN

Metropolitan Area Network (MAN) is a large computer network that spans a metropolitan area, typically interconnecting businesses, organizations, and government entities within a city.

LAN

Local Area Network, a network that connects computers and devices in a limited geographical area like a home or office.

Digital Literacy

The ability to effectively find, use, summarize, create, and communicate information in a digital environment, encompassing a broad range of skills and knowledge.

Internet Scams

Fraudulent or deceptive activities carried out over the internet with the intent of stealing money or personal information.