Which One of These Statements Is Correct

question 45

Multiple Choice

Which one of these statements is correct?

• A)A firm might be able to charge higher prices if it switches from a flexible to a restrictive short-term financial policy.
• B)If a firm adopts a restrictive short-term financial policy,its current assets will be greater than if it adopts a flexible policy.
• C)If a firm switches from a flexible short-term financial policy to a restrictive policy,it is likely to see an increase in its uncollectible accounts receivable.
• D)If a firm switches from a restrictive short-term financial policy to a flexible policy,its operating cycle will most likely decrease.
• E)Future cash flows are expected to be higher if a firm adopts a flexible,rather than a restrictive,short-term financial policy.

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Definitions:

Stem

The main structural part of a plant that supports leaves, flowers, and fruits and transports water and nutrients between them.

Vygotsky's Theory

A theory of cognitive development that emphasizes the role of social interaction and culture in the development of higher mental functions.

Critical Period

Time when a particular development must occur. If it does not, as when something toxic prevents that growth, then it cannot develop later.

Early Childhood

A developmental period from birth to approximately eight years of age, characterized by rapid physical, cognitive, and emotional growth.