Which of the Following Statements Is True

question 75

Multiple Choice

Which of the following statements is true?
I. New companies must be prepared to incur more bad debts than established businesses as part of the cost of building up a good customers list
II. Generally, repeat orders are profitable
III. Companies with high profit margins need to be particularly careful about extending credit to high-risk customers

• A) I only
• B) II only
• C) III only
• D) I and II only

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Definitions:

Required Property

An attribute that must be set for an object or data field to ensure the proper operation of a program or database.

Validation Rule Property

A characteristic in database management systems that allows setting rules which data entries must meet to be accepted into the database.

$0.00

A numerical value representing no cost or a zero currency amount in financial contexts.

Totals Button

A function or tool in spreadsheet software that quickly calculates and displays the sum, average, count, or other aggregates of selected data.