Which One of the Following Is NOT Required to Evaluate

question 158

Multiple Choice

Which one of the following is NOT required to evaluate a proposed credit policy?

• A) Selling price per unit.
• B) Required rate of return for period.
• C) Variable cost per unit.
• D) Current quantity sold.
• E) Fixed cost per unit.

---

Definitions:

West's Federal Appendix

A reporter of federal court decisions that are not selected for publication in the Federal Reporter.

Binding Precedent

A previous court decision that must be followed by lower courts within the same jurisdiction in cases involving similar facts or legal issues.

Persuasive

Having the ability to convince someone to do or believe something through reasoning or the use of temptation.

Binding Authority

Refers to legal sources that must be followed by a court, such as statutes or case law from higher courts in the same jurisdiction.