Norah is interested in developing her credit policy.She wants to make a policy for which of the following?
A)the price and timing of raw materials, and other goods and services necessary to build, sell, and support products
B)how pricing will be determined for your products and services
C)the level of compensation and benefits for each type of position in the business
D)the process and timing in which obligations to pay for products and services sold will be billed and collected

Question

Norah is interested in developing her credit policy.She wants to make a policy for which of the following? 
A)the price and timing of raw materials, and other goods and services necessary to build, sell, and support products
B)how pricing will be determined for your products and services
C)the level of compensation and benefits for each type of position in the business
D)the process and timing in which obligations to pay for products and services sold will be billed and collected

Quizplus · Accepted Answer

Developing a credit policy typically involves determining the process and timing of billing customers and collecting payments for products and services sold. Option D specifically addresses this aspect. Options A, B, and C are more relevant to pricing, compensation, and procurement policies, respectively.

Norah Is Interested in Developing Her Credit Policy