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As Long as the Amount Collected from Credit Sales to a Given

Question 114

Multiple Choice

As long as the amount collected from credit sales to a given group of customers exceeds the cost of goods sold and the other costs of serving that group of customers, including the costs of _____ accounts, the retailer will be better off selling to that group rather than losing the sales.


A) delinquent
B) uncollectible
C) collectible
D) preferred
E) common

Correct Answer:

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