Which of the following is a disadvantage of selling on credit?
A)Some customers do not pay,creating an expense.
B)Profits are decreased by making sales to a more specific range of customers.
C)Sales can be made to fewer customers.
D)Prices must be reduced when selling on credit.

Question

Quizplus · Accepted Answer

When selling on credit, there is always a risk that some customers may not pay. This can lead to bad debts and create additional expenses for the business.

Which of the Following Is a Disadvantage of Selling on Credit