Company A sells goods to its customers on credit; Company B sells services to its customers for cash. Which of the following statements is most true?
A) The role and purpose of the sales / collection process will be fundamentally different between the two companies.
B) Only Company A has a true sales / collection process because it sells goods rather than services.
C) Only Company B has a true sales / collection process because it sells for cash rather than on credit.
D) None of the above statements is true.
Correct Answer:
Verified
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