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Identify and discuss the two separate elements of causation.
Credit Policy
Guidelines that a company follows to determine credit limits and terms for customers, which affects how and to whom credit is extended.
Cost Of Sales
This refers to the direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Total Revenues
The sum of all earnings generated by a business through its operations and activities.
Quantity Sold
The total number of units of a product or service that have been sold in a specified period.
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