Which one of the following statements generally applies to the credit period?
A) The larger the account size, the longer the credit period.
B) The greater the competition, the shorter the credit period.
C) The more perishable a product, the longer the credit period.
D) The higher the demand for a product, the longer the credit period.
E) The lower the cost of an item, the longer the normal credit period.
Correct Answer:
Verified
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