A fiRm Which Employs a Restrictive Short-Term fiNancial Policy Will

question 302

Multiple Choice

A firm which employs a restrictive short-term financial policy will have a relatively __________.

• A) High ratio of current assets to sales.
• B) High amount of marketable securities.
• C) High amount of short-term debt relative to long-term debt.
• D) Low amount of long-term debt.
• E) Low amount of accounts payable.

---

Definitions:

Psychological Attitudes

Mental and emotional positions held by individuals towards objects, people, or situations, influencing their behaviors and perceptions.

Archetypes

Universal, inherited models of people, behaviors, or personalities present in the collective unconscious, as identified by Carl Jung.

Extraverted Intuiting Type

A personality type in Jungian psychology characterized by a preference for focusing on possibilities, external data, and abstract understanding through intuition.

Pleasure

A feeling of satisfaction or joy, often pursued as a goal in various human behaviors.