Allowing Customers to Buy on Credit Is Only Profitable If

question 52

Multiple Choice

Allowing customers to buy on credit is only profitable if the costs associated with granting credit are less than the profit on the increased sales generated. Which of the following is not one of the additional costs of selling on credit?

• A) Credit checks on customers
• B) Additional record keeping
• C) Sales commission
• D) The cost of collecting outstanding debts

Recall the measurement specifications for tools used in drafting.

Grasp the considerations required for effective technical drawing, including view selection and detail level.

Differentiate between various line types used in drafting and their meanings.

Understand the adaptability of conventional drafting practices to enhance clarity.

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Definitions:

Marry

The legally or formally recognized union of two people as partners in a personal relationship, traditionally understood as in marriage.

Cohabitation

Living together in a sexually intimate relationship without the legal bonds of marriage.

Monogamous Relationships

Partnerships in which individuals commit to having a romantic or sexual relationship with only one person at a time.

Arranged Marriage

A marriage where partners are selected by individuals other than the ones getting married, often involving family members or marriage brokers.