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A flexible short-term financial policy will tend to have more of which of the following than a restrictive short-term financial policy will? 1. Uncollectable accdunts

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A flexible short-term financial policy will tend to have more of which of the following than a restrictive short-term financial policy will? 1. Uncollectable accdunts receivable II. Work stoppages for lack of raw materials III. Carrying costs IV. Obsolete or out-of-date inventory

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