Which of the following transactions is represented by the diagram below?
A)A lumber yard where customers may pay with cash for all purchases.
B)A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer.
C)A consulting firm that offers a variety of consulting services to other businesses.
D)A department store that allows customers to carry a balance and to make installment payments, if they choose.

Question

Which of the following transactions is represented by the diagram below? 
A)A lumber yard where customers may pay with cash for all purchases. 
B)A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer. 
C)A consulting firm that offers a variety of consulting services to other businesses. 
D)A department store that allows customers to carry a balance and to make installment payments, if they choose.

Quizplus · Accepted Answer

The diagram represents a credit approval system where customers can carry a balance and make installment payments.

Which of the Following Transactions Is Represented by the Diagram