Which business function involves credit management/collecting funds from customers?
A) Accounting
B) Production
C) Marketing
D) Finance

Question

Quizplus · Accepted Answer

Finance is the business function that involves credit management and collecting funds from customers. It deals with managing the financial resources of a company, including managing accounts receivable and collecting payments from customers. Accounting focuses on recording financial transactions and producing financial statements, while production involves creating the goods or services that the company offers. Marketing focuses on promoting and selling the company's products or services.

Which Business Function Involves Credit Management/collecting Funds from Customers