A firm's credit and collection policies usually include
A) average collection period, dollar value of aged receivables, and terms of sale.
B) terms of sale, quality of customers, and collection of credit sales.
C) terms of sale, level of credit sales, and collection of credit sales.
D) terms of sale and collection of credit sales.
B
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Vendor evaluation consists of an initial screening of proposals then a vendor audit of those who pass the initial screening
Indicate whether the statement is true or false
The U.S. GAAP and IASB require that firms record derivatives on the balance sheet date at
a. historical cost. b. fair value. c. amortized acquisition cost. d. future value of present cash flows. e. present value of future cash flows.
The need for economies of scale often restricts choice of location for service facilities
Indicate whether the statement is true or false
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