Which one of the following statements is correct in regards to credit periods?
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)Different customers may be offered different credit periods by the same firm.
E)Newer products tend to have shorter credit periods.

Question

Quizplus · Accepted Answer

Different customers may be offered different credit periods by the same firm depending on factors such as the customer's credit worthiness, payment history, and relationship with the firm. The other statements are either incorrect or do not have a clear correlation with credit periods.

Which One of the Following Statements Is Correct in Regards