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

A. Granting increasing amounts of credit to customers

B. Expanding the number of inventory items carried

C. Increasing the firm's investment in the current accounts

D. Minimizing the cash balances held by the firm

E. Investing relatively large amounts in marketable securities

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91381603

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