Which One of the Following Is Indicative of a Short-Term

question 51

Multiple Choice

Which one of the following is indicative of a short-term restrictive financial policy?

• A)purchasing inventory on an as-needed basis
• B)granting credit to all customers
• C)investing heavily in marketable securities
• D)maintaining a large accounts receivable balance
• E)keeping inventory levels high

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Definitions:

Final Point

The last or concluding part of an argument, document, or narrative.

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A direct quotation is a report of the exact words of an author or speaker, often enclosed in quotation marks.

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Amish

A group of traditionalist Christian church fellowships, known for simple living, plain dress, and reluctance to adopt modern technology.