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A flexible short-term financial policy: Increases shortage costs due to frequent cash-outs. Incurs more carrying costs than a restrictive policy. Requires only a minimum investment

A flexible short-term financial policy:

Increases shortage costs due to frequent cash-outs.

Incurs more carrying costs than a restrictive policy.

Requires only a minimum investment in current assets.

Maximizes cashouts.

Tends to decrease sales as compared to a restrictive policy.

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