Which of the Following Statements Is Not True

question 38

Multiple Choice

Which of the following statements is not true?

• A) If an entity is too generous in extending credit bad debts will occur.
• B) Generally, entities offer too much credit to customers.
• C) If credit policies are too strict valuable customers may be lost.
• D) A credit report from a credit rating agency is an important method of checking on customer's credit history.

---

Definitions:

Psychological Process

Mental functions and activities related to an individual's thoughts, feelings, perceptions, reasoning processes, and understanding of themselves and the world.

Stress

The set of behavioral, mental, and physical processes that occur as an organism attempts to deal with an environmental event or a stimulus that it perceives as threatening.

Memory Loss

The inability to remember information or experiences, which can be temporary or permanent, and is often associated with aging or conditions like Alzheimer's disease.

Acetylcholine Pathways

Neural pathways that make use of acetylcholine as their neurotransmitter, playing crucial roles in the function of the autonomic nervous system and muscle control.