Which of the Following Is least Likely to Help a Company

question 79

Multiple Choice

Which of the following is least likely to help a company minimize losses as credit standards are relaxed?

• A)Require potential customers to provide bank guarantees.
• B)Ask a potential customer for references regarding payment history.
• C)Increase the estimate of uncollectible accounts at the end of each period.
• D)Check a potential customer's credit rating.

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Definitions:

Medicaid

A health care program in the United States that provides medical benefits to low-income individuals and families.

Federal Government

The national government of a federation, which typically has specific powers delegated to it by a constitution, distinct from state or provincial governments.

State Governments

The governing bodies of individual states within a country, responsible for local legislation and governance.

SCHIP

The State Children's Health Insurance Program, which provides health coverage to uninsured children in families with incomes that are modest but too high to qualify for Medicaid.