For a Business, the Advantage of Offering Credit to Customers

question 67

Multiple Choice

For a business, the advantage of offering credit to customers is that it:

• A) increases the amount of sales.
• B) increases cash flow from financing activities.
• C) decreases cost of goods sold.
• D) decreases the amount of inventory the company needs to carry.

---

Definitions:

Social Life

Interactions, activities, and relationships that individuals engage in with others in society.

Physical Health

Physical Health pertains to the condition of an individual's body, including all systems' functioning and absence of disease.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, proposed by Hans Selye, comprising three stages: alarm, resistance, and exhaustion.

Hans Selye

A pioneering Hungarian-Canadian endocrinologist who is credited with founding the field of stress research, identifying the General Adaptation Syndrome.