Which of the Following Is Not a Cost Related to the Extension

question 38

Multiple Choice

Which of the following is not a cost related to the extension of credit to customers?

• A) Bad-debt losses
• B) Cash discounts
• C) Quantity discounts
• D) Collection costs

---

Definitions:

Presidential Power

Refers to the executive powers held by the President of the United States, as defined by the Constitution, including making treaties, appointing federal judges, and acting as commander-in-chief of the armed forces.

Executive Office

A sector of government responsible for implementing laws and administering public policy, usually headed by a president or prime minister.

President (EOP)

The head of the Executive Office of the President, responsible for supporting the President of the United States in carrying out executive functions.

White House Staff

Individuals who work directly for the President of the United States and his or her administration, often within the White House, assisting in various functions and policy implementations.