A firm's credit terms cover all of the following EXCEPT
A) cash discount.
B) cash discount period.
C) credit standards.
D) credit period.

Question

Quizplus · Accepted Answer

Credit terms typically include the cash discount, cash discount period, credit period, and payment methods. Credit standards, on the other hand, are not considered a part of credit terms but are rather used by firms when evaluating whether or not to grant credit to a customer.

A Firm's Credit Terms Cover All of the Following EXCEPT