As the Amount of Credit Extended Increases,the ________ Decreases

question 32

Multiple Choice

As the amount of credit extended increases,the ________ decreases.

• A) Optimal amount of credit
• B) Net cost of receivables
• C) Cost of receivables
• D) Revenues from increased sales

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Definitions:

Code

A system of principles or rules.

Restatement

The act of rephrasing or reiterating something, often for clarity, or in law, a document that systematically presents legal rules and principles.

Reasonable Means

Methods or actions that are considered sensible and appropriate under the circumstances, often used in the context of achieving a specific legal or procedural outcome.

Motorcycle

A two-wheeled motor vehicle that is often used for transportation, recreation, or sport.