In which of the following situations will credit checking be made the first step in the procedure of processing an order?
A) during recession
B) during a merger
C) during an acquisition
D) during inflation

Question

Quizplus · Accepted Answer

Credit checking is typically done before processing an order to minimize the risk of non-payment, particularly during economic downturns such as a recession. During a merger or acquisition, credit checking may also be important, but it may not necessarily be the first step in the procedure. Inflation may also impact credit checking, but it is not necessarily the first step in the procedure.

In Which of the Following Situations Will Credit Checking Be