Which of the Following Is Not an Advantage of Accepting

question 77

Multiple Choice

Which of the following is not an advantage of accepting credit cards from retail customers?

• A)The acceptance of credit cards tends to increase sales.
• B)There are fees charged for the privilege of accepting credit cards.
• C)The credit card company performs credit worthiness assessments.
• D)The credit card company assumes the cost of slow collections and write-offs.

Understand how the Renaissance influenced humanist thought and the Protestant Reformation.

Analyze the reasons behind and the outcomes of major church councils and movements such as the conciliar movement and the Council of Trent.

Explain the significance of the Peace of Augsburg and its impact on religious freedom within the Holy Roman Empire.

Understand the role and impact of new Catholic religious orders during the Catholic Reformation.

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Definitions:

Calendar Year

The one-year period that begins on January 1st and ends on December 31st, used in most accounting and financial calculations.

Straight-Line Method

A method of calculating the depreciation of an asset, which assumes the asset will depreciate by the same amount each year over its useful life.

Salvage Value

The estimated resale value of an asset at the end of its useful life, used in calculating depreciation expenses.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time due to use and wear and tear.