An enterprises ability to take effective actions to alter the amounts and timing of cash flows so it can respond to unexpected needs and opportunities is called
A. financial flexibility.
B. liquidity.
C. the quick ratio.
D. solvency.
Answer:A
An enterprises ability to take effective actions to alter the amounts and timing of cash flows so it can respond to unexpected needs and opportunities is called
A. financial flexibility. B. liquidity. C. the quick ratio. D. solvency.