40.0k views
5 votes
The different factors determining a firm’s credit policy are:

A. The effect of credit on the volume of sales

B. Cash discount

C. Policies and practices of the firm for selecting credit customers

D. All of the above​

1 Answer

3 votes

Answer:

Option "D" is the correct answer to the following question.

Step-by-step explanation:

Credit duration is the four main factors in a company's credit policy-the amount of time consumers are provided to compensate for their transactions; discount coupons price reductions offered for early payment; credit standards-referring to the growth prospects expected by appropriate credit customers

User Fahim Farook
by
5.6k points