Which of the following duties should NOT be performed by a credit department?
A)Evaluate customers who apply for credit.
B)Review applicant's income and credit history.
C)Handle cash receipts.
D)Monitor customer payment records.

Question

Quizplus · Accepted Answer

The credit department should not handle cash receipts as this could lead to conflicts of interest and potential fraud. Handling cash receipts is typically the responsibility of the accounting or finance department.

Which of the Following Duties Should NOT Be Performed by a Credit