Which one of the following statements is correct concerning a factor that influences the length of the credit period?
A) Perishable items tend to have longer credit periods.
B) Items with low markups tend to have longer credit periods.
C) Smaller accounts tend to have longer credit periods.
D) One firm may offer different credit terms to different customers.
E) Newer products tend to have shorter credit periods.
Correct Answer:
Verified
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