Companies who offer credit terms should require approval of customers' credit history by a person independent of the sales and collection functions.

Name: Companies who offer credit terms should require approval of customers' credit history by a person independent of the sales and collection functions.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

This helps to prevent bias in the approval process and minimize the risk of extending credit to customers who may have a history of delinquency or default.

Companies Who Offer Credit Terms Should Require Approval of Customers