If a Firm Has a Detailed Credit Policy It Will

If a firm has a detailed credit policy it will likely lead to ___________________.

A) Frequent credit sales to customers with an average to high degree of default risk.
B) A policy where virtually all sales are made for cash.
C) Only the most creditworthy of consumers receiving credit.
D) Inconsistencies in the terms of credit sales granted customers.
E) Organized payment efforts.