Examlex
Which of the following is FALSE?
Credit Policies
Guidelines that a company follows to determine the creditworthiness of customers, terms of credit, collection procedures, and how much credit to extend.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used, but not yet paid for.
Cash-flow Management
The process of monitoring, analyzing, and optimizing the net amount of cash receipts minus cash expenses.
Net Profit Margin
A financial metric that measures how much of every dollar earned in revenue is translated into profit after all expenses are deducted.
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