Examlex
Which of the following exemplifies a good way to present bad news to a customer?
Investment In Receivables
The funds tied up in the credit sales of a company, indicating the amount of money owed by customers for goods or services delivered on credit.
Credit Sales
Sales in which the customer is allowed to purchase goods or services with an agreement to pay at a later date.
Average Collection Period
The mean duration required for a company to collect payments due from its clients.
Credit Period
The length of time that credit is granted.
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