Selling on credit protects a company from the risk that some of its receivables will never be collected.

Name: Selling on credit protects a company from the risk that some of its receivables will never be collected.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Selling on credit actually increases the risk that some receivables may never be collected, as it involves extending goods or services to customers with the expectation of future payment, which may not always be fulfilled.

Selling on Credit Protects a Company from the Risk That