Rather than requiring cash payment for all sales,some firms offer credit to:
A)match revenues with expenses for the same time period.
B)keep current customers happy and attract new customers.
C)improve the organization's cash flow position.
D)replace accounts receivable with fixed assets.

Question

Quizplus · Accepted Answer

Offering credit helps maintain customer satisfaction and attract new customers by providing flexible payment options, which can lead to increased sales and customer loyalty.

Rather Than Requiring Cash Payment for All Sales,some Firms Offer