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

question 52

Multiple Choice

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

• A)bad-debt losses
• B)cash discounts
• C)quantity discounts
• D)collection costs

---

Definitions:

Lowest Terms

Lowest terms refer to a fraction that has been simplified to its smallest possible integer numerator and denominator.

Fractions

Fractions represent parts of a whole or any number of equal parts, typically written with a numerator and a denominator, separated by a slash.

Acres

A unit of land area measurement used in the U.S. customary and imperial systems, equal to 43,560 square feet or about 4,047 square meters.

Oats

A cereal grain known for its edible seeds, often consumed as oatmeal or rolled oats, and used as livestock feed as well as in various food products.