A shortening of the credit terms is an indication that there will be more risk in the collection of future receivables.

Name: A shortening of the credit terms is an indication that there will be more risk in the collection of future receivables.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A shortening of the credit terms typically indicates a reduction in the time customers are allowed to pay their invoices, which can actually lead to a decrease in the risk of collection issues, as customers are required to pay more quickly.

A Shortening of the Credit Terms Is an Indication That