Flexible Short Term Financial Policies Are Not Characterized By

question 3

Multiple Choice

Flexible short term financial policies are not characterized by:

• A) liberal credit policies.
• B) large amounts of inventory held.
• C) quick delivery services for customers.
• D) high levels of production stoppages.

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Definitions:

Suppliers Availability

The readiness and ability of suppliers to provide the necessary goods and services as demanded by the purchasing organization.

Transportation Services

Services that include the movement of goods and people from one location to another using various modes of transport.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including the services and facilities necessary for its economy to function, such as transportation and communication systems, water and power lines.

Fixed Costs

Expenses that do not change with the level of goods or services produced, such as rent, salaries, and equipment leases.