There is a cost of extending credit to customers even when the company is able to collect its accounts receivable in full.

Name: There is a cost of extending credit to customers even when the company is able to collect its accounts receivable in full.
Brand: Quizplus
Rating: 5.0 (37 reviews)

Question

Quizplus · Accepted Answer

Extending credit to customers involves the cost of resources such as staff time, credit checks, and payment delays, even if the company is ultimately able to collect its accounts receivable in full.

There Is a Cost of Extending Credit to Customers Even