Which of these techniques best enables a firm to evaluate the validity of its credit analysis system by highlighting slow paying accounts?
A) The 80-20 principle
B) Sales exception reporting
C) Marketing cost analysis
D) Benefit segmentation

Question

Quizplus · Accepted Answer

Sales exception reporting is specifically designed to highlight anomalies or exceptions in sales data, such as slow-paying accounts. This allows a firm to evaluate the effectiveness of its credit analysis system by identifying accounts that are not paying according to terms, thereby enabling targeted actions to address these issues.

Which of These Techniques Best Enables a Firm to Evaluate