Determining the credit and payment policies for customers is part of the:
A)Revenue process
B)Collection process
C)Expenditure process
D)Conversion Process

Question

Quizplus · Accepted Answer

Determining the credit and payment policies for customers is part of the revenue process, as it involves establishing how and when customers will pay for products or services in order to generate revenue for the company.

Determining the Credit and Payment Policies for Customers Is Part