If You Extend Credit for a One-Time Sale to a New

question 93

Multiple Choice

If you extend credit for a one-time sale to a new customer you risk an amount equal to:

• A)the sales price of the item sold.
• B)the variable cost of the item sold.
• C)the fixed cost of the item sold.
• D)the profit margin on the item sold.
• E)zero.

---

Definitions:

Social Communication Model

A framework that describes how individuals interact and exchange information within a social context.

Contemporary Approach

Contemporary approach refers to modern, current methods or styles used in various fields, emphasizing innovation and relevance to today's challenges and preferences.

Interactive

Involving active participation between people or between people and technology, allowing for two-way communication or engagement.

Technical Compatibility

The extent to which different systems or devices can work together without conflict, based on their specifications and standards.