Which one of these is indicative of a short-term restrictive financial policy? A) Purchasing inventory on an as-needed basis. B) Keeping inventory levels high. C) Maintaining a large accounts receivable balance. D) Granting credit to all customers. E) Investing heavily in marketable securities. The Lumber Mart recently replaced its management team. As a result, the firm is implementing a restrictive short-term financial policy in place of the flexible policy under which the firm had been operating. Which one of the following should the employees expect as a result of this policy change? A) Increasing monthly sales as compared to the prior year. B) Greater inventory selection. C) More liberal credit terms. D) Loss of credit customers. E) Fewer out of-stock occurrences.
Which one of these is indicative of a short-term restrictive financial policy? A) Purchasing inventory on an as-needed basis. B) Keeping inventory levels high. C) Maintaining a large accounts receivable balance. D) Granting credit to all customers. E) Investing heavily in marketable securities. The Lumber Mart recently replaced its management team. As a result, the firm is implementing a restrictive short-term financial policy in place of the flexible policy under which the firm had been operating. Which one of the following should the employees expect as a result of this policy change? A) Increasing monthly sales as compared to the prior year. B) Greater inventory selection. C) More liberal credit terms. D) Loss of credit customers. E) Fewer out of-stock occurrences.




