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

question 11

Multiple Choice

Which of the following is not considered a "cost" of financing credit sales?

• 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:

Virtuous Journalist

A journalist who adheres to ethical principles, maintains integrity, and demonstrates excellence in reporting, often in the pursuit of truth and public good.

Avoiding Bias

The practice of preventing unfair preferences or prejudices from influencing decisions or outcomes.

Serving the Public

Involves undertaking activities or roles with the aim of benefiting the community or society at large, often associated with professions in public service, governance, and nonprofit sectors.

War on Drugs

A government-led initiative that aims to stop illegal drug use, distribution, and trade by increasing and enforcing penalties for offenders.