Which of the Following Is a Disadvantage of Using Credit

question 12

Multiple Choice

Which of the following is a disadvantage of using credit?

• A) Ease of returning merchandise
• B) Shopping convenience
• C) Slowing of progress toward financial goals
• D) Capacity to access credit in the future

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Definitions:

Forward Scheduling

Forward scheduling is a planning method where tasks are scheduled from the start date onwards to determine the earliest possible completion time.

Delivery Date

The specified date on which a product is agreed to be delivered to the customer.

Minimize Work-In-Process Inventory

A strategy to reduce the amount of unfinished goods in production to increase efficiency and decrease waste.

Product-Focused Facilities

Manufacturing or service facilities designed around a narrow range of products or services to achieve higher efficiency and quality.