Which one of the following actions is indicative of a, Ask an Expert

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

a - granding 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- miniminazing the cash balances held by the firm

e- investing relatively large amounts in marketable securities

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M964553

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