The Three Major Elements in a Firm's Credit Policy Are

question 4

True/False

The three major elements in a firm's credit policy are (1)credit standards, (2)credit terms,and (3)collection policy.

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Definitions:

Continuous Power

The level of power output that a device or system can maintain indefinitely without degradation.

OEM Software Systems

Pre-installed software developed by the Original Equipment Manufacturer, tailored for specific hardware.