How do entities ensure that customers are able to honour credit sales?
A) get them to fill in a credit-scoring questionnaire before extending credit
B) have their directors give a personal guarantee for the amount owing
C) limit the size of credit a customer can build up
D) all of the options are true
Correct Answer:
Verified
Q2: Which of the following businesses would be
Q3: The level of debtors is determined by:
A)all
Q4: Manufacturers hold raw materials inventory so:
A)production is
Q5: If working capital is allowed to increase
Q6: Which of these is a typical source
Q8: Net working capital is:
A)cash minus current liabilities
B)current
Q9: Forms of funding include
A)spontaneous.
B)temporary.
C)permanent.
D)all of the options
Q10: If a company becomes insolvent the penalty
Q11: A change in the debtor's turnover period
Q12: When an entity does not have enough
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