Terms of sale are frequently changed by the financial manager in order to increase sales.

Question

Quizplus · Accepted Answer

Terms of sale are typically established by sales and marketing teams, and changing them solely to increase sales without considering the impact on profitability and risk is not a financially sound decision. Financial managers may provide input and analysis on the impact of changing terms of sale, but the decision ultimately lies with the sales and marketing teams.

Terms of Sale Are Frequently Changed by the Financial Manager