All except which of the following are possible solutions to a large bad-debt loss ratio?
A) Loosening credit
B) Offering cash discounts for prompt payment
C) Seasonal datings
D) Determining creditworthiness of customers

Question

Quizplus · Accepted Answer

Loosening credit standards may temporarily reduce bad debt loss ratios, but it can ultimately lead to worse financial outcomes for the company. B, C, and D are all viable solutions to reducing bad debt loss ratios as they focus on improving the creditworthiness of customers and encouraging timely payment.

All Except Which of the Following Are Possible Solutions to a Large