Each of the following is a decision that can be avoided if a firm refuses to offer credit EXCEPT:
A) Collection period
B) Discounts to give fast payers
C) Accounts Payable
D) Who to extend credit to

Question

Quizplus · Accepted Answer

Firm managers must decide how aggressive collection efforts should be, who should receive credit, and what discounts the firm will give to customers who pay promptly. All of these problems can be avoided if the firm simply refuses to offer credit.

Each of the Following Is a Decision That Can Be