The major variables that should be considered when evaluating proposed changes in credit standards are all of the following EXCEPT
A) sales volume.
B) the investment in accounts receivable.
C) bad debt expenses.
D) level of liquid assets.

Question

Quizplus · Accepted Answer

The level of liquid assets is not directly related to evaluating changes in credit standards, which focus more on sales volume, accounts receivable, and bad debt expenses.

The Major Variables That Should Be Considered When Evaluating Proposed