One Way to Help Evaluate Whether or Not You Have

question 63

True/False

One way to help evaluate whether or not you have made an ethical decision is to gauge how willing you are to tell others what decision you have made.

Recognize the terms used in credit management such as receivables period and inventory turnover.

Understand the methodologies for analyzing the creditworthiness of potential customers.

Analyze the implications of switching from a cash sales policy to a credit policy in terms of cash flow, production, and financial management.

Understand the variables involved in the decision-making process of extending credit terms.

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Definitions:

Verbal Supporting Materials

Information and content that back up or illustrate the points made in spoken or written communication, such as statistics, quotes, or examples.

Purposes

The objectives or aims that an individual, group, or organization seeks to achieve.

Visual Aids

Tools that incorporate visuals, such as charts, graphs, and images, to reinforce or supplement verbal or written information during presentations or communications.

Audience Recall

The ability of an audience to remember and reproduce information or stimuli they have been exposed to after a period of time.