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A Revolving Credit Plan Involves All of the Following Except

Question 23

Multiple Choice

A revolving credit plan involves all of the following except


A) allowing credit customers to make purchases on account at any time
B) allowing credit customers to make purchases on account up to a specified dollar limit
C) allowing credit customers to make a stated number of payments over a fixed period
D) allowing credit customers to pay off the full amount by the end of the billing period without a finance charge

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