______ Means the basic criteria for the extension of credit to customers

Related MCQs

• The credit policy of Spurling Products is "1.5/10, net 35." At present 30% of the customers take the discount, 62% pay within the net period, and the rest pay within 45 days of invoice. What would receivables be if all customers took the cash discount?
• Relaxed or libral credit implies -credit to customers
• Amounts due from customers when goods are sold on credit are called _____________.
• If cash discount is offered to customers, then which of the following would increase?
• _______________ refers to the length of time allowed by a firm for its customers to make payment for their purchases.
• Evaluation of firms credit policy can be done by computing expected ___________ from it
• _________Policy refers to the procedure follow to collect accounts receivable after the expiry of the credit period
• ____________ indirect form of working capital financing and bank assume only the risk the credit being provided by the supplier himself
• ________ are taken as an additional security for working capital credit by banks
• 5Cs of the credit does not include