NEED ANSWER IN 10 MINUTES

11. Which is true? A restrictive short-term financial policy tends to reduce total ordering costs as compared to a more flexible policy.

A restrictive short-term financial policy tends to encourage credit sales over cash sales.

A restrictive short-term financial policy tends to grant credit to more customers.

A restrictive short-term financial policy tends to incur more carrying costs than a flexible policy does.

A restrictive short-term financial policy tends to reduce future sales more so than a flexible policy.

24.

Which one of the following is true? A decrease in inventoryis a source of cash

The payment of a cash dividendis a source of cash

An increase in accounts receivableis a source of cash

An increase in fixed assetsis a source of cash

A decrease in long-term debtis a source of cash