Examlex
Which of the following is a vice offense?
DSO
Stands for Days Sales Outstanding, a measure used by companies to assess the average number of days it takes to collect payment after a sale has been made.
Bad Debt
Money owed to a company that is unlikely to be paid by the debtor, often considered a loss for the company.
Credit Policy
The guidelines a company follows to determine credit terms for customers, including payment terms, credit limits, and how to handle late payments.
Incremental Pre-tax Profits
Additional earnings before taxes that result from specific actions or decisions, used in investment appraisal.
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