The Accounts Receivable Approach Supports the Theory That

The accounts receivable approach supports the theory that:

A) Your risk of offering credit to a new customer is limited to your cost of the items sold.
B) The best credit policy is an all-cash policy.
C) The cost of offering credit to a new customer is the same as the cost of offering credit to an existing customer.
D) Foregoing cash discounts is a method of obtaining inexpensive short-term financing.
E) The default risk of a credit policy is the same as the default risk under an all cash-policy if your customers remain the same.