Companies Are Concerned About the Cost of Extending Credit for All

question 55

Multiple Choice

Companies are concerned about the cost of extending credit for all the following reasons except:

• A)the time delay in receiving payment.
• B)the expense of the extra goods that must be produced or bought.
• C)the risk of nonpayment.
• D)the administrative costs associated with extending credit.

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Definitions:

Racial Minorities

Ethnic groups that are smaller in number within a particular society or country, often facing systemic inequalities and discrimination.

Informal Deviance

Acts or behaviors that violate cultural norms or expectations but are not necessarily forbidden by law.

Underage Drinking

The consumption of alcoholic beverages by individuals below the legal age set by law.

Body Piercing

The practice of puncturing or cutting a part of the human body, creating an opening in which jewelry may be worn.