In a credit merchandising organization, the best place to vest credit approval is in:
A) accounts receivable.
B) the sales department.
C) a completely separate department.
D) the cashier area where receipts will eventually be sent.
E) the collections department.

Question

Quizplus · Accepted Answer

A completely separate department is typically the best place to vest credit approval in a credit merchandising organization. This ensures that credit decisions are made impartially and are based on creditworthiness, rather than sales goals or other factors.

In a Credit Merchandising Organization, the Best Place to Vest