Which of the Following Is Not a Cost Related to the Extension

question 151

Multiple Choice

Which of the following is not a cost related to the extension of credit to customers?

• A)Bad-debt losses
• B)Prompt payment discounts
• C)Quantity discounts
• D)Collection costs

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Definitions:

Specific Date

A particular day identified by its unique combination of day, month, and year.

Diverse Workforce

A workplace that includes employees from a wide range of backgrounds, including different races, ethnicities, genders, ages, religions, disabilities, and sexual orientations.

Employee Talents

The natural abilities or skills that individuals possess, which can be developed and utilized within a workplace for improved performance and productivity.

International Business

Commercial transactions that occur across national borders, including trade, investment, and partnership activities.