Which of the Following Is a Cost of Extending Credit

question 23

Multiple Choice

Which of the following is a cost of extending credit to customers?

• A)Uncollectible accounts expense
• B)Lost sales
• C)Fees paid to credit card companies
• D)Explicit interest

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Definitions:

Relapse Prevention

A strategy or program designed to help individuals maintain recovery from substance use or other addictive behaviors by identifying and managing relapse triggers.

Non-abusing Parent

An individual in a family who does not engage in substance abuse or harmful behaviors towards their children.

Negative Effects

Detrimental impacts or outcomes that arise from a particular action, condition, or substance, affecting one's health, well-being, or environment.

Addiction

A chronic disorder characterized by compulsive drug seeking, substance use despite harmful consequences, and long-lasting changes in the brain.