Financial managers generally oppose credit sales because of the impact on cash flows.

Name: Financial managers generally oppose credit sales because of the impact on cash flows.
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Question

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Financial managers do not generally oppose credit sales as they allow for increased revenue and potential for future business. However, they do need to carefully manage cash flows to ensure that they can collect on the credit sales in a timely manner and maintain adequate cash reserves.

Financial Managers Generally Oppose Credit Sales Because of the Impact