Which of the Following Is Not Considered a "Cost" of Extending

question 78

Multiple Choice

Which of the following is not considered a "cost" of extending credit to customers?

• A)The opportunity cost of lost interest
• B)Keeping the records for accounts receivable
• C)The increased sales resulting from the extension of credit
• D)The possibility of unpaid accounts

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Definitions:

Succession Management

A strategic process of identifying and developing internal talent within an organization to fill key leadership positions in the future.

Talent Management

It is an organization’s commitment to recruit, retain, and develop the most talented and superior employees available in the job market.

Succession Management

A strategic process for identifying and developing internal people with the potential to fill key business leadership positions in the company.

Staffing Inventories

A comprehensive list or database of an organization's current employees, including their skills, qualifications, and statuses, used for planning and decision-making purposes.