In a Company That Sells Goods and Services on Credit

question 2

Multiple Choice

In a company that sells goods and services on credit, which of the following steps in the sales/collection process may be unnecessary?

• A) Approve credit.
• B) Bill the customer.
• C) Ship merchandise.
• D) Collect payment.

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Definitions:

Leg Laceration

A deep cut or tear in the skin or flesh of the leg.

Nerve Conduction

The process by which electrical signals are transmitted through nerve fibers.

Afferent Nerves

Also called sensory nerves; nerves that carry information about the external environment to the brain and spinal cord via sensory receptors.

Electrochemical Messages

The method by which neurons communicate with each other, involving electrical signals and chemical neurotransmitter substances.