Which of the Following Are Associated with a Restrictive Short-Term

question 49

Multiple Choice

Which of the following are associated with a restrictive short-term financial policy?
I.large investments in marketable securities
II.liberal credit terms for customers
III.minimal cash balances
IV.minimal credit sales

• A)I and III only
• B)II and IV only
• C)III and IV only
• D)I, II and III only

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Definitions:

Attracts Attention

The process or quality of drawing interest or notice toward something or someone.

Marketing Concept

A business philosophy that centers on identifying and meeting the needs and wants of customers through the products or services offered.

Strategy

A plan of action designed to achieve a long-term or overall aim, often involving a series of tactics or methodologies.

Satisfy Customer Needs

The process of meeting or exceeding customer expectations to encourage loyalty and repeat business.