Using Prebuilt Templates Is Typically One of the Most Cost-Effective

question 66

True/False

Using prebuilt templates is typically one of the most cost-effective choices when building an e-commerce site.

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Definitions:

Credit Policy

A set of guidelines that a company follows to determine credit limits and terms for customers, aiming to manage risk and promote sales.

Operating Cycle

The operating cycle is the amount of time it takes for a company to purchase inventory, sell it to customers, and collect cash from the sales.

Credit Terms

The agreements between buyers and sellers that stipulate payment amounts and due dates, often including discounts for early payment or penalties for late payment.