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It is held that the level of accounts receivable that a firm has or holds reflects both the volume of a firms sales on account and a firms credit policies Which one of the following items is not

It is held that the level of accounts receivable that a firm has or holds reflects both the volume of a firm’s sales on account and a firm’s credit policies. Which one of the following items is not considered as part of a firm’s “credit policy”?
A. The maximum risk group to which credit should be extended.
B. The extent (in terms of money) to which a firm will go to collect an account.
C. The length of time for which credit is extended.
D. The size of the discount that will be offered.

Jun 20 2021 View more View Less

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