Credit management involves:
A) forecasting sales and allocating expenses to achieve them.
B) developing new products to achieve a deeper market penetration.
C) deciding how customers will pay for purchases.
D) examining a company's financial records.

Question

Quizplus · Accepted Answer

Credit management involves deciding how customers will pay for purchases. It includes strategies for offering credit terms, creating payment plans, and managing the risk of nonpayment or bad debt.

Credit Management Involves