Which of the Following Is a Benefit of Selling on Credit

question 24

Multiple Choice

Which of the following is a benefit of selling on credit?

• A)Some customers do not pay,creating an expense.
• B)Expenses are reduced by making sales to a wide range of customers.
• C)Revenues are increased by making sales to a wider range of customers.
• D)Cash is received sooner.

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Definitions:

Metabolism

The complex set of life-sustaining chemical transformations within the cells of living organisms.

Linear

Characterized by a sequential, straight progression from one point to another without deviating.

Industries

Sectors of the economy that are characterized by a specific kind of activity or product, like technology, healthcare, and manufacturing.

UN Global Compact

Provides ‘universal’ guidance to businesses in developing sustainable practices, and sets some standards in relation to businesses that aim to operate ethically.