Which of the Following Is an Advantage of Using Credit

question 29

Multiple Choice

Which of the following is an advantage of using credit?

• A)It increases the need to cover cash flow shortages.
• B)It increases the number of cheques written.
• C)It does not affect your cash flow statement.
• D)It reduces the need to carry cash.

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Definitions:

3-D Image

A visual representation that provides the perception of depth, creating a three-dimensional effect on a two-dimensional surface.

Marketing Environment

It refers to the external factors and forces that impact a company's ability to develop and maintain successful customer relationships.

Marketing Environment

The various external forces, such as social, economic, political, and technological factors, that affect a company's marketing strategies and operations.

Domestic And Foreign Cars

Classifications of cars based on their country of origin; domestic cars are produced within one's own country, whereas foreign cars are imported.