Which of the Following Is Not True Concerning Considerations in Setting

question 12

Multiple Choice

Which of the following is not true concerning considerations in setting a credit policy?

• A) A firm that supplies a perishable product will tend to offer restrictive credit terms.
• B) A firm whose customers are in a high-risk business will tend to offer restrictive credit terms.
• C) Lengthening the credit period effectively reduces the price paid by the customer.
• D) Small accounts, associated with firms that find it difficult to acquire a line of credit, tend to receive longer credit periods.

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Definitions:

Universal Windows App

An application designed to run across multiple Microsoft product families with a common codebase.

Single Access Point

A network device that allows wireless devices to connect to a wired network using Wi-Fi or other wireless standards.

Reading View

A display mode in certain applications that optimizes the screen layout for easier reading, often hiding menus and toolbars to minimize distractions.

Web Note

A feature in some web browsers or online platforms that allows users to annotate web pages for personal reference or to share with others.