A firm's credit terms cover ________.

Question

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Credit terms generally refer to the terms and conditions that a company sets for its customers when they purchase goods or services on credit. This includes the cash discount period, which is the time during which a customer can pay the invoice early and receive a discount. Credit standards, lines of credit, and credit scoring are all important factors in determining a company's credit policies, but they are not necessarily included in the credit terms themselves.

A Firm's Credit Terms Cover ________