Steps taken to reduce losses from credit sales do NOT include
A) Investigating each customer's credit rating.
B) Reducing the number of purchases made each month.
C) Allowing a cash discount for prompt payment.
D) Prompt follow up investigation when expected payments are not received.

Question

Quizplus · Accepted Answer

Reducing the number of purchases made each month does not directly address the issue of reducing losses from credit sales. The other options listed are all steps that can be taken to minimize losses from credit sales.

Steps Taken to Reduce Losses from Credit Sales Do NOT