The potential advantages of extending credit include all of the following except:
A)higher selling expenses.
B)higher profits.
C)higher customer satisfaction.
D)higher revenues.

Question

Quizplus · Accepted Answer

Extending credit typically comes with higher selling expenses such as credit checks, monitoring creditworthiness, and collections. However, it can lead to higher profits, revenues, and customer satisfaction if managed well.

The Potential Advantages of Extending Credit Include All of the Following