One Drawback of Offering Liberal Credit to Customers Is That

question 26

Multiple Choice

One drawback of offering liberal credit to customers is that it can:

• A)delay the sales to a future period.
• B)increase the cost of credit to customers.
• C)delay the receipt of cash that the firm needs to meet its financial obligations.
• D)decrease sales by the extension of credit and cause a loss to the company.

Grasp the importance of attitude in determining job satisfaction and personal happiness.

Recognize the influence of historical and technological changes on generational values.

Understand the concept of cognitive dissonance and its emotional impact.

Grasp the significance of hopelessness and its effects on attitude.

---

Definitions:

Number of Steps

Refers to the total count of individual actions or sequences in a process or procedure, often used in programming to outline complexity or length.

U.S. Government Bonds

These are securities issued by the United States Department of the Treasury, which represent loans made by investors to the federal government.

Fine Art

A category of art that is considered to be created primarily for aesthetic and intellectual purposes and judged for its beauty and meaningfulness.

Silver

A precious metal used for investment, industrial applications, and jewelry, known for its conductivity and antibacterial properties.