Which of the Following Is an Incorrect Statement of an Issue

question 139

Multiple Choice

Which of the following is an incorrect statement of an issue involved in receivables management?

• A)Easier credit increases sales
• B)Easier credit increases bad debt losses
• C)Easier credit lowers the cost of financing receivables
• D)Easier credit improves customer relations

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Definitions:

Stanley Milgram

A psychologist known for his studies on obedience, demonstrating people's willingness to follow orders from authority figures even to the extent of harming others.

Social Psychologist

A professional who studies how individual thoughts, feelings, and behaviors are influenced by the social environment and the presence of other people.

Destructive Obedience

The concept where individuals comply with harmful orders or directives, often from an authority figure, against their own personal morals or ethical codes.

Milgram Experiments

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.