The Rationale Behind Offering Customers Credit Is

question 57

Multiple Choice

The rationale behind offering customers credit is

• A) permitting customers to pay with credit cards or on credit makes it easier for them to buy, and it also attracts new customers.
• B) offering customers credit helps with the firm's cash flow position.
• C) offering customers credit helps match revenues with expenses for the same time period.
• D) permitting customers to pay with credit cards or on credit forces a company to rely less on accounts receivables and more on accounts payables.

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Definitions:

Hypothyroidism

A condition characterized by the underproduction of thyroid hormones, which can lead to fatigue, weight gain, and cold intolerance.

Surgical Removal

The process of excising or taking out surgically a part of the body or a foreign object from the body.

Levothyroxine

A medication used to treat hypothyroidism, a condition where the thyroid gland does not produce enough thyroid hormone.