The role of the credit department includes ________.

A) approving all credit applications in order to avoid losing sales
B) evaluating customers' credit applications to determine whether they meet the company's approval standards
C) following unwritten approval standards for processing customers' credit applications
D) collecting cash from customers


B) evaluating customers' credit applications to determine whether they meet the company's approval standards

Business

You might also like to view...

Assume the current ratio is 3 to 1 . Estimating the warranties expense on the period's sales would cause the current ratio to

a. increase b. decrease c. be unchanged since the effects offset one another d. be unchanged since it has no effect on any current accounts

Business

Which statement is true regarding the advanced premium tax credits for individuals and families under the Affordable Care Act?

A) The tax credit is the same flat amount for individuals and families. B) The tax credit is based on income and is designed to limit the amount spent on health insurance premiums to make the insurance affordable. C) The tax credit is only available to high-income individuals and families. D) The tax credit is an expenses that lowers taxable income.

Business

Criteria for forming segments involve both similarities and differences. In terms of the needs of buyers, the similarities must be ________ a segment, and the differences must be ________ segments.

A. within; among B. absent in; throughout C. throughout; absent in D. between; among E. among; across

Business

Which of the following terms refers to the belief that the management techniques used in one's own country are best no matter where or under what conditions they are applied?

A. geocentrism B. nationalism C. parochialism D. ethnocentrism

Business