Which of the following is generally under the control of the financial manager?
A) the percentage of credit sales to total sales
B) the actual level of sales
C) the credit policies
D) A and B

Question

Quizplus · Accepted Answer

Credit policies, such as determining credit terms and credit limits, are typically within the control of the financial manager. The percentage of credit sales and actual level of sales may be influenced by various factors outside of the financial manager's control, such as market conditions and competition.

Which of the Following Is Generally Under the Control of the Financial